* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, July 2, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    New center coming to Mizzou will focus on energy research and technology – Columbia Missourian

    Mizzou Launches Innovative New Center Dedicated to Energy Research and Technology

    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Emerging Memory and Storage Technology Market Analysis Report 2025-2034 | AI and HPC Boom Fuels Surging Demand for Fast, Low-Power Memory Devices – Yahoo Finance

    How AI and HPC Are Driving Explosive Growth in Fast, Low-Power Memory Technologies Through 2034

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    New center coming to Mizzou will focus on energy research and technology – Columbia Missourian

    Mizzou Launches Innovative New Center Dedicated to Energy Research and Technology

    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Emerging Memory and Storage Technology Market Analysis Report 2025-2034 | AI and HPC Boom Fuels Surging Demand for Fast, Low-Power Memory Devices – Yahoo Finance

    How AI and HPC Are Driving Explosive Growth in Fast, Low-Power Memory Technologies Through 2034

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Hong Kong Lawmaker Pushes to Include Bitcoin in State Financial Reserves

July 30, 2024
in General
Hong Kong Lawmaker Pushes to Include Bitcoin in State Financial Reserves
Share on FacebookShare on Twitter

A Hong Kong Legislative Council member, Johnny Ng, says Bitcoin is worth considering as a country’s reserve asset. 

In an X post, Ng disclosed plans to collaborate with various stakeholders to explore the possibility of adding Bitcoin to Hong Kong’s financial reserves.

Former U.S. President Trump recently gave a speech at the U.S. Bitcoin Summit, sharing his views on Bitcoin. Bitcoin and Web3 have already gained the attention and development of countries around the world, and Hong Kong is also actively becoming a hub to promote technological… pic.twitter.com/e1UFCb6g1q

— Johnny Ng 吴杰庄 (@Johnny_nkc) July 28, 2024

These remarks come after former US President Donald Trump’s speech at the Just-concluded Bitcoin Conference in Nashville. 

Bitcoin: Is it Worth Including in a Nation’s Financial Reserves

The lawmaker highlighted Bitcoin’s growing popularity and global recognition. It is often seen as digital gold and a potential hedge against inflation.

Ng noted that including Bitcoin in Hong Kong’s strategic financial reserves could be beneficial, especially given the region’s growing Web3 ecosystem. He said Hong Kong can smoothly incorporate Bitcoin into its fiscal reserves under the proper regulatory framework.

Johnny Ng’s remarks come amid the growing global adoption of Web3 and digital assets. Moreover, due to Bitcoin’s decentralized nature, limited supply, and financial ethos, many see it as a haven against government control and economic instability.

The Hong Kong legislator said this growing popularity makes it reasonable to consider weaving Bitcoin with the existing financial system. Moreover, Johnny Ng has strongly advocated Web3, Bitcoin, and the broader digital assets industry. He has been vocal in supporting Hong Kong’s push to become a hub for digital assets. 

In an April X post, Ng welcomed the launch of Bitcoin ETFs in Hong Kong. He believes the Hong Kong BTC ETFs will significantly impact the region’s position as an international virtual asset center. 

In his latest post, Ng noted that Web3 represents technological and application innovation. He highlighted Hong Kong’s effort to attract global talents, crypto exchanges, and other blockchain and crypto projects to foster innovation and technological development. 

Ng’s latest proposal is part of a broader initiative to expand and bolster Hong Kong’s Web3 ecosystem. However, he acknowledges that thorough research and regulatory compliance are necessary to achieve it. 

Trump Promises to Adopt a Strategic Bitcoin Reserve Policy

Former US president Donald Trump made a bold declaration during his speech on Saturday at the 2024 Bitcoin Conference in Nashville. If he wins the upcoming election, Trump promised to create a friendly crypto regulatory environment, starting with firing SEC Chairman Gary Gensler. 

Notably, Gensler has become an enemy of the crypto industry due to his stringent enforcement approach, which many view as unlawful. Industry leaders view Gensler’s classification of most crypto assets as securities as an unnecessary hostility that could stifle innovation in the United States.

Therefore, Trump’s declaration pleased crypto enthusiasts, earning him a loud cheer from those present at the event.

Also, Trump said he would create a strategic Bitcoin reserve and stop the United States from selling off its Bitcoin holdings. This initiative could see the US Federal Reserve acquiring and holding Bitcoin rather than selling it, a move aimed at strengthening the economy.

The United States holds approximately 213,000 Bitcoin tokens acquired from various enforcement actions.  

Trump said: “It will be the policy of my administration…to keep 100% of all the bitcoin the US government currently holds or acquires into the future.”

Further, the US Republican presidential candidate promised to end anti-crypto policies and provide an enabling environment for the growth of digital assets.

Disclaimer: The opinions expressed in this article do not constitute financial advice. We encourage readers to conduct their own research and determine their own risk tolerance before making any financial decisions. Cryptocurrency is a highly volatile, high-risk asset class.

The Tech Report - Editorial ProcessOur Editorial Process

The Tech Report editorial policy is centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written by real authors.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechReport – https://techreport.com/crypto-news/hong-kong-lawmaker-pushes-to-include-bitcoin-in-state-financial-reserves/

Previous Post

Yellowstone, America’s Oldest National Park, Has a Major Housing Problem

Next Post

Rome’s Appian Way or Queen of Roads gets UNESCO World Heritage status

Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

July 2, 2025
NBA’s Malik Beasley sued for $2.25M by sports agency for breach of contract, alleged unpaid loan amid federal gambling probe – Yahoo Sports

NBA’s Malik Beasley sued for $2.25M by sports agency for breach of contract, alleged unpaid loan amid federal gambling probe – Yahoo Sports

July 2, 2025
He’s searching for a human-made problem in areas largely untouched by humans. Answers are just emerging – CNN

He’s searching for a human-made problem in areas largely untouched by humans. Answers are just emerging – CNN

July 1, 2025
Asteroid 2024 YR4 might smash into the moon – Popular Science

Urgent Alert: Asteroid 2024 YR4 Headed Straight for the Moon!

July 1, 2025
These 9 towns were named the ‘quirkiest’ in New Jersey, according to World Atlas – Bergen Record

These 9 towns were named the ‘quirkiest’ in New Jersey, according to World Atlas – Bergen Record

July 1, 2025
Trump’s Tax Bill Won’t Help or Hurt the Economy. The Deficit Is Already Huge. – Barron’s

Trump’s Tax Bill Won’t Help or Hurt the Economy. The Deficit Is Already Huge. – Barron’s

July 1, 2025
Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

July 1, 2025
Who would be affected by health care cuts in Senate version of Trump’s budget bill – PBS

Who Will Be Hit Hardest by Health Care Cuts in the Senate’s Trump Budget Plan?

July 1, 2025
Senate passes Trump’s reconciliation bill with Vance casting tie-breaking vote – PBS

Senate Passes Trump’s Reconciliation Bill After Vance Casts Decisive Tie-Breaking Vote

July 1, 2025
Groundbreaking technology to help police tackle violence against women – The Independent

Revolutionary Technology Transforms the Fight Against Violence Toward Women

July 1, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (701)
  • Economy (726)
  • Entertainment (21,615)
  • General (15,659)
  • Health (9,766)
  • Lifestyle (731)
  • News (22,149)
  • People (727)
  • Politics (733)
  • Science (15,944)
  • Sports (21,224)
  • Technology (15,711)
  • World (707)

Recent News

Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

July 2, 2025
NBA’s Malik Beasley sued for $2.25M by sports agency for breach of contract, alleged unpaid loan amid federal gambling probe – Yahoo Sports

NBA’s Malik Beasley sued for $2.25M by sports agency for breach of contract, alleged unpaid loan amid federal gambling probe – Yahoo Sports

July 2, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version