Recently, Hong Kong Legislative Council member Wu Jiezhang proposed incorporating Bitcoin into Hong Kong's foreign exchange fund assets, which has attracted widespread attention globally. Wu Jiezhang pointed out that Bitcoin has unique advantages of low storage costs and high portability, making it more suitable as an asset reserve compared to traditional precious metals like gold and silver. This proposal may mean that China is exploring the possibility of using Hong Kong as a pilot to accelerate the compliance and strategic layout of digital assets.
Can Bitcoin become a new type of reserve asset?
Wu Jiezhang mentioned in an interview that while Bitcoin has limited practical functions, it far exceeds traditional precious metals in storage and transaction costs. For example, precious metals often require high storage and logistics costs, while Bitcoin's digital attributes solve this problem. At the same time, he emphasized that Bitcoin is currently viewed more as a value-preserving tool, and to exert significant appreciation functions, it must be held on a large scale.
From this perspective, if Hong Kong can 'take the lead in trial', incorporating Bitcoin into the foreign exchange fund assets will provide a reference model for other regions. This move not only aligns with Hong Kong's 'One Country, Two Systems' institutional advantages but may also lead the mainstreaming process of digital assets in Asia.
China's Cryptocurrency Asset Regulation and Hong Kong's Dual-License System
It is worth noting that the People's Bank of China recently released the (China Financial Stability Report 2024), which analyzed the global cryptocurrency regulatory situation and affirmed Hong Kong's 'dual-license' system's role in the compliance promotion of security and non-security tokens. Hong Kong is gradually becoming a benchmark for the legalization and standardization of cryptocurrencies in Asia, and its stablecoin regulatory draft has entered the review stage.
This policy-level support undoubtedly paves the way for Hong Kong's further exploration of crypto assets. As the United States adopts measures like Bitcoin spot ETFs, the international regulatory landscape presents a complex situation of simultaneous tightening and opening.
Bitcoin Strategic Reserves from a Global Perspective
With the election of President Trump promising to establish a national Bitcoin strategic reserve, the market has begun to closely watch whether other countries and regions will take similar measures. Binance founder Zhao Changpeng recently stated that China may also join this trend, viewing Bitcoin as a 'hard asset'. If Hong Kong successfully incorporates Bitcoin into the foreign exchange fund assets, it will not only be a bold attempt in global financial history but may also drive policy follow-up from other countries and regions.
How should investors respond to this trend?
For individual investors or enterprises, the rise of digital assets signifies a brand new opportunity window. Understanding market trends and identifying policy directions will be key to decision-making. AI research platforms like Mlion.ai can help users quickly grasp market dynamics and make scientific investment layouts through their unique price prediction, news deep analysis, and on-chain data analysis features. In the ever-changing crypto market, such tools will be indispensable assistants.
Summary and Outlook
The proposal to incorporate Bitcoin into Hong Kong's foreign exchange fund assets indicates that digital assets are moving from marginalization to mainstreaming. This is not just a regional financial experiment; it may also trigger a global reconsideration of traditional asset reserve models. In the future, those who can seize the core of this trend may gain an advantage in the new round of financial transformation.
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Disclaimer: The above content is for informational sharing only and does not constitute any investment advice!#比特币政策 #2025比特币价格预测 #MicroStrategy增持BTC
