**Hong Kong Eyes Bitcoin for Financial Reserves: Wu Jiezhuang's Bold Proposal**
- Hong Kong SAR Legislative Council Member, Wu Jiezhuang, is exploring the idea of adding Bitcoin (BTC) to the region's financial reserves. 🪙
- Wu, also a member of the National Committee of the Chinese People's Political Consultative Conference, calls Bitcoin "digital gold" and sees its potential as a hedge against inflation.
- He believes Bitcoin could strengthen Hong Kong's economic framework if integrated under the right regulatory conditions.
- This move aligns with global trends, as Bitcoin and Web3 technologies gain traction.
- Wu's vision includes a robust Web3 ecosystem, emphasizing the need for regulatory compliance and innovation.
Source: Johnny NG