Following Donald Trump’s victory in the US elections, it seems that more countries worldwide are competing to establish strategic Bitcoin reserves. Recent reports indicate that a Hong Kong legislator mentioned adding Bitcoin to the city’s reserves could help safeguard financial security amidst global changes. With recent efforts in Hong Kong to create a crypto-friendly environment, the chances of establishing Bitcoin strategic reserves in this region are high. Currently, the Hong Kong Stock Exchange has listed 12 ETFs related to cryptocurrencies, with a market value of approximately 7.4 billion Hong Kong dollars. Additionally, a former German finance minister proposed that the European Central Bank (ECB) and the Federal Bank of Germany should also add Bitcoin to their reserves. This proposal came shortly after a similar request was made by a member of the European Parliament. Furthermore, Swiss authorities have initiated discussions on creating national Bitcoin reserves alongside gold. This proposal, advocated by a group of crypto supporters, requires legal reforms for implementation. To advance this plan, by June 30, 2025, 100,000 valid signatures from Swiss citizens must be collected. Other reports suggest that the temporary Syrian government is also considering a proposal to legalize Bitcoin and digitalize the Syrian pound to stabilize the country’s economy and attract global investments. As previously reported, Russia is also aiming to establish strategic Bitcoin reserves in response to global sanctions. Similar proposals have been made in Japan as well. On the real-time digital currency price page, you can view the live prices of all tokens and cryptocurrencies.
