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Exclusive analysis: Hong Kong SAR Legislative Council member Wu Jiezhuang discusses the feasibility of including Bitcoin in financial reserves. Key content and background analysis
Foresight News reported that Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and a member of the Legislative Council of the Hong Kong SAR, recently issued an important statement, stating that he would discuss the feasibility and opportunities of including Bitcoin in financial reserves with different stakeholders in Hong Kong. Wu Jiezhuang emphasized that Bitcoin and Web3 are important points in the development of globalization, and Hong Kong should actively explore and embrace this trend.
The potential of Bitcoin as "digital gold"
Wu Jiezhuang pointed out that as global awareness of Bitcoin increases, Bitcoin is considered by the public as "digital gold" in the context of technology. He proposed to study the possibility of including Bitcoin in strategic fiscal reserves under compliance. This move not only reflects the recognition of the potential value of Bitcoin, but also demonstrates Hong Kong's forward-looking thinking in the field of financial innovation.
Accelerate the development of the Web3 ecosystem
Wu Jiezhuang also mentioned that Hong Kong must accelerate the development of the Web3 ecosystem. He believes that the SAR government will gradually open up the market at the relevant stages of compliance supervision and industry development. Web3 represents science and technology innovation, and Hong Kong should further build and improve this ecosystem. This will not only enhance Hong Kong's competitiveness in the global technology field, but also attract more investment and talents to promote economic development.
The discussion of including Bitcoin in financial reserves marks an important step for Hong Kong in financial innovation and market opening. This move will attract more international capital and enhance Hong Kong's position in the global financial market.
The "compliance" emphasized by Wu Jiezhuang shows Hong Kong's emphasis on financial security and stability. It is crucial to ensure compliance and supervision when developing emerging technologies and markets, which also sets a good example for other countries and regions.
Accelerating the development of the Web3 ecosystem will enable Hong Kong to take a leading position in the field of technological innovation. Building a sound ecosystem will not only help attract outstanding global technology companies and talents, but will also promote the development of local companies and enhance Hong Kong's technological strength.
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