Hong Kong’s Bitcoin Ambitions: Lawmaker To Discuss Reserve Opportunities With Industry Players

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Bitcoinist 17h ago

Hong Kong’s Bitcoin Ambitions: Lawmaker To Discuss Reserve Opportunities With Industry Players - Bitcoinist

Quick Summary:

With Bitcoin gaining traction to become a potential strategic reserve asset in the United States, it appears other pro-crypto countries might be considering adopting this significant move as Johnny Ng, a lawmaker in Hong Kong, has revealed his intention to discuss the feasibility and potential advantages of including BTC to the nation’s financial reserve.

According to the lawmaker, the public views Bitcoin as digital gold due to its technological capabilities, and its adoption around the world is constantly growing.

It also represents an active embrace of the changing economic landscape, which may serve as a model for other financial hubs around the globe.