• Wu Jiezhuang proposed together with Bitcoin within the strategic monetary reserve.
• Jiejuan's suggestion highlights Donald Trump's election speeches.
• Michael Saylor believes Bitcoin is superior to bodily capital.

Hong Kong Legislative Council Member Ng Chiet-chuang has proposed together with Bitcoin within the strategic monetary reserve sooner or later. Ng's feedback got here after Donald Trump pledged to create a nationwide strategic Bitcoin reserve throughout his speech on the Bitcoin 2024 convention in Nashville.

In keeping with experiences, Jiejuan believes Bitcoin and Web3 are necessary nodes within the growth of globalization. He prompt that the SAR authorities place Bitcoin as a possible means of monetary reserves by means of a accountable and gradual market opening.

Bitcoin's resurgence in 2024 amid financial woes throughout numerous jurisdictions has reignited the talk about adopting the flagship cryptocurrency as a retailer of property.

The publish Hong Kong Lawmakers Promote Bitcoin for Treasury Reserves appeared first on Coin Version.