Hong Kong lawmaker advocates for including bitcoin in financial reserves following Trump’s speech | Headlines | News | CoinMarketCap

07/29/2024 12:17
Hong Kong lawmaker advocates for including bitcoin in financial reserves following Trump’s speech | Headlines | News | CoinMarketCap

Johnny Ng, a Hong Kong lawmaker, has pledged to start conversations in Hong Kong surrounding the possibility of “including bitcoin in financial …

Johnny Ng, a Hong Kong lawmaker, has pledged to start conversations in Hong Kong surrounding the possibility of “including bitcoin in financial reserves” following former U.S. President Donald Trump’s speech over the weekend.

Ng, a member of the Hong Kong Legislative Council, wrote in a post on X on Sunday that it is “worth considering” to assign bitcoin as part of the region’s official financial reserves.

“The global acceptance of bitcoin is constantly increasing, and bitcoin is seen by the public as ‘digital gold’ in the context of its technology, so in the future, it is indeed possible to research and consider including bitcoin in strategic financial reserves, as long as it is compliant,” Ng said.

Ng’s latest comment came after Trump promised in a Saturday speech at the Bitcoin 2024 …

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