Hong Kong Lawmaker Pushes for Bitcoin Integration into Strategic Reserves
Hong Kong legislator Wu Jiezhuang has proposed including Bitcoin in the region’s strategic fiscal reserves to boost its economic framework and advance Web3 development.
Highlighting Bitcoin’s growing status as ‘digital gold,’ Wu’s initiative, inspired by Donald Trump’s recent Bitcoin Conference speech, calls for thorough research and regulatory compliance.
This proposal is part of a broader effort to strengthen Hong Kong’s Web3 ecosystem while ensuring a balance between innovation and security in digital finance.
Clever Robot News Desk 30th July 2024
