The Shanghai Municipal Government officially released the "Shanghai Three-Year Action Plan for Promoting High-Quality Development of the Manufacturing Industry (2023-2025)". The Action Plan proposes to lay out new tracks and future industries. Implement the "four new tracks" and "five future industries" action plans, develop new digital economies such as blockchain and Web3.0, promote major applications of the metaverse, lay out green and low-carbon fields such as carbon capture and utilization, "ammonia-hydrogen", and efficient energy storage, and create terminal brands such as smart connected cars, smart robots, smart wearables, and virtual displays. Accelerate the innovative application of the industrial metaverse and build industrial metaverse platforms in the fields of civil aviation, fashion consumer goods, etc.

According to people familiar with the matter, Hong Kong's financial regulator has convened banks, crypto platforms and other industry participants for a meeting on Monday to discuss how to address the ongoing challenges crypto companies face in opening bank accounts. This is the second meeting of Hong Kong regulators since late April to push banks to get more involved in the crypto space. As previously reported, Hong Kong's banking regulator is pressuring banks including HSBC and Standard Chartered to take cryptocurrency exchanges as clients in an effort to develop the digital asset industry.

At a meeting last month, the Hong Kong Monetary Authority (HKMA) questioned banks in the United Kingdom and the Bank of China on why they do not accept cryptocurrency exchanges as clients. In a letter to banks on April 27, the HKMA said that due diligence on potential customers should not "place an undue burden," especially "for companies setting up offices in the Hong Kong region and looking for opportunities here."

Also worth noting today: Patrick McHenry, Chairman of the U.S. House Financial Services Committee, announced two hearings on oversight of the U.S. Securities and Exchange Commission (SEC). The Oversight and Investigations Subcommittee will hold a hearing titled "Oversight of the SEC" at 21:30 Beijing time on June 22, and the Capital Markets Subcommittee will hold a hearing titled "Oversight of the SEC's Trading and Markets Division" at 22:30 Beijing time on June 22.

The dollar continues to weaken. BTC rebounded quickly after touching the 24800 level below on the daily line. Currently, there is a long-short game near the MA5 daily moving average. Coin holders can continue to hold according to the key interval given by Lao Zhao. If you have idle positions, you can continue to buy on dips. As long as it does not fall below, you can hold it with confidence. Give the market more time. ETH is linked to BTC. Continue to pay attention to the important price of 1600 below. If it does not fall below effectively, you can hold it with confidence. At present, the overall market is in a volatile market. Lao Zhao recommends that everyone wait and see. There is no shortage of opportunities in the currency circle. Don't blindly enter the market if the direction is unclear. $BTC $ETH $BNB