Hong Kong will explore the inclusion of Bitcoin in its financial reserves

Hong Kong legislator Goh Chok Tong said he would explore the feasibility of including Bitcoin in Hong Kong's fiscal reserves.

His interest comes after former US President Donald Trump announced at the Bitcoin 2024 conference in Nashville that he would establish a strategic Bitcoin reserve in the United States.

Potential Bitcoin reserves in Hong Kong

While endorsing Trump's speech, Andrew Ng also pointed out that given Bitcoin's growing global acceptance and its image as "digital gold", it is worth exploring the inclusion of Bitcoin in national or regional financial reserves. However, he pointed out that such initiatives need to meet regulatory standards.

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