2024

Bitcoin

Coin

<ul class="news-points">
 <li><strong>Wu Jiezhuang suggested that Bitcoin be included in strategic fiscal reserves.</strong></li>
 <li><strong>Jiezhuang’s suggestion highlights Donald Trump’s campaign speech.</strong></li>
 <li><strong>Michael Saylor thinks Bitcoin is superior to physical capital.</strong></li>
</ul>
<p>Hong Kong SAR Legislative Council member Wu Jiezhuang has suggested Bitcoin’s inclusion in strategic fiscal reserves in the future. Jiezhuang made the statement after Donald Trump’s speech at the Bitcoin 2024 conference in Nashville, where the former president promised to build a national strategic Bitcoin stockpile.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Wu Jiezhuang: In the future, it can be considered to include Bitcoin in strategic fiscal reserves.<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a><a href="https://t.co/c5REms3Ulk" target="_blank" rel="noopener noreferrer nofollow">https://t.co/c5REms3Ulk</a></p>— CryptoDrifer (@0xDrifter) <a href="https://twitter.com/0xDrifter/status/1817408742524428755?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 28, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>According to reports, Jiezhuang believes that Bitcoin and Web3 are crucial nodes in the development of globalization. The lawmaker proposes the SAR government consider Bitcoin’s status as a potential instrument for fiscal reserve by opening up the market responsibly and step by step.</p>
<p>Bitcoin’s resurgence in 2024 amid economic struggles cutting across various jurisdictions has reignited the debate about adopting the flagship cryptocurrency as an instrument for storing …</p>
<p>The post <a href="https://coinedition.com/hong-kong-lawmaker-recommends-bitcoin-for-fiscal-reserves-purposes/" rel="noopener noreferrer nofollow">Hong Kong Lawmaker Recommends Bitcoin For Fiscal Reserves Purposes</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Hong Kong Lawmaker Recommends Bitcoin For Fiscal Reserves Purposes

Coin Edition

Другие статьи, опубликованные 28 июл. 2024 г.

Zimbabwe’s RBZ Injects $50M in Forex Market to Stabilize Currency

Senator Advocates US Bitcoin Acquisition

DOGE and SHIB Among Top Laggards as Crypto Market Remains in Red

BONK on the brink: Will it skyrocket this week? What you need to know!

PEPE Faces Key Resistance Challenges

New Solana Memecoin Trump Fired Biden (TRUMPBID) Will Surge 17,000% Before First CEX Listing, Whi...

Join our free newsletter for daily crypto updates!