Official announcements from the Hong Kong government or the respective Bitcoin exchanges

Hong Kong Lawmaker Johnny Ng Proposes Bitcoin for Strategic Reserves

Jul 28, 2024, 04:14 PM

Hong Kong lawmaker Johnny Ng has proposed incorporating Bitcoin into the region's strategic financial reserves. Ng's proposal aims to position Hong Kong as a leader in Bitcoin and Web3 adoption. He suggests that Bitcoin, often referred to as digital gold, could be included in the reserves, subject to compliance. This move is part of a broader strategy to attract the world's most competitive talents, funds, exchanges, and projects to Hong Kong.