🇭🇰Hong Kong Wants to Create a Strategic Bitcoin Reserve
Hong Kong wants to take advantage of China's "one country, two systems" policy to include Bitcoin in its national financial security reserve.
🟠Wu Jiuhuang, a member of Hong Kong's Legislative Council, told state-run newspaper Wen Wei Po that Hong Kong may study the impact of spot Bitcoin ETFs on the market.
Zihuang pointed to smaller countries like El Salvador and Bhutan that have integrated Bitcoin into their strategic reserves, as well as some U.S. states. He added that Donald Trump would make Bitcoin an important U.S. strategic reserve asset.
🐲There is also a possibility that China will follow Hong Kong's example, since China holds
190,000 BTC previously confiscated, making his reserve
BTC is second after the US.
