Hong Kong Legislator Mulls Bitcoin Strategic Reserve Research, Seeks China’s Support for Pilot Ap...

Cryptopolitan

2025-02-05 14:39:47

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Hong Kong politician Johnny Ng Kit-chong is calling for lawmakers in the special administrative jurisdiction to follow the footsteps of the US in researching the feasibility of a federal Bitcoin reserve, with the help of Mainland China.

In a February 5 X post, the Chinese People’s Political Consultative Conference (CPPCC) member acknowledged that both the US and China see crypto as a battleground for innovation and technology that can help “stimulate the sluggish global economy.”

Ng pointed to

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