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Hong Kong legislator recommends boosting financial security by adding Bitcoin to national reserves

A member of the Hong Kong Legislative Council has proposed adding Bitcoin (BTC) to the autonomous region’s national reserves to enhance financial security. This proposal aligns with Hong Kong’s efforts to become a hub for digital currencies in Asia. Hong Kong, which has recently enacted favorable laws for digital asset activities, could take a significant step towards diversifying its currency reserves with this move. Meanwhile, other countries and regions around the world are also exploring the possibility of incorporating Bitcoin into their national reserves.

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