đž Hong Kong Proposes Bitcoin Reserve
Hong Kong Legislative Council member Johnny Ng is considering integrating Bitcoin into the region's financial reserves. Johnny Ng highlighted Bitcoin as "digital gold" and its potential as an anti-inflation measure, to boost the Web3 ecosystem in Hong Kong.
â Johnny Ng emphasizes the importance of regulatory compliance and thorough research. The proposal follows Trump's speech at the Bitcoin 2024 conference. Ng envisions a robust Web3 ecosystem, calling for the government to focus on technological innovation.
đ„ This move is in line with Hong Kong's progress in digital finance and blockchain applications, as the regulatory framework evolves to balance innovation and safety.
đ This development signals institutional interest in Bitcoin and could influence global trends in cryptocurrency adoption and integration into traditional financial systems.
đ Read more https://t.me/cryptoanalysisvn/1/1876
