- Wu Jiezhuang proposed that bitcoin be included in strategic fiscal reserves.
- Jiezhuang's design highlights Donald Trump's marketing campaign speech.
- Michael Saylor thinks Bitcoin is healthier than bodily capital.
Hong Kong SAR Legislative Council member Wu Jiezhuang proposed the inclusion of Bitcoin within the strategic fiscal reserves sooner or later. Jiezhuang made the announcement following Donald Trump's speech on the Bitcoin 2024 convention in Nashville, the place the previous president promised to construct a nationwide strategic bitcoin reserve.
In response to studies, Jiezhuang believes that Bitcoin and Web3 are key nodes within the improvement of globalization. The lawmaker means that the SAR authorities take into account bitcoin's standing as a possible fiscal reserve instrument by opening the market responsibly and step-by-step.
Bitcoin's resurgence in 2024 amid financial struggles throughout jurisdictions has reignited the talk over the flagship cryptocurrency's adoption as a storage instrument…
The put up Hong Kong Lawmaker Recommends Bitcoin for Fiscal Reserve Functions appeared first on Coin Version.
