Hong Kong Lawmaker Johnny Ng Proposes Bitcoin for Strategic Reserves

Hong Kong lawmaker Johnny Ng has proposed incorporating Bitcoin into the region's strategic financial reserves. Ng's proposal aims to position Hong Kong as a leader in Bitcoin and Web3 adoption.

He suggests that Bitcoin, often referred to as digital gold, could be included in the reserves, subject to compliance. This move is part of a broader strategy to attract the world's most competitive talent, funds, exchanges, and projects to Hong Kong.

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