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Hong Kong Lawmaker Advocates Including Bitcoin in National Reserves
Anthony Scaramucci, a former White House communications director and prominent Bitcoin enthusiast, has recently made headlines by predicting that China will create a strategic Bitcoin reserve by 2025. This statement echoes the sentiments of several other experts who have been urging governments to consider diversifying their reserves with cryptocurrencies like Bitcoin.
Now, a surprising development in Hong Kong is echoing Scaramucci’s claims, as a local lawmaker is advocating for including Bitcoin in the national reserves. The move comes amidst growing tensions and economic uncertainty between China and the United States.
As reported by CryptoSlate, a prominent online publication covering the latest cryptocurrency news and insights, this significant shift in policy could signal a major turning point in the global financial landscape.
In related news, Scaramucci has been vocal about his support for Bitcoin’s potential to revolutionize traditional finance. His recent statements have fueled excitement among crypto enthusiasts, as they hint at an impending recognition of the digital currency by governments around the world.
Moreover, the Bitmain company announced the launch of a US production line in order to tackle supply chain challenges and maintain its market dominance amid tightening trade tensions.
Source: cryptoslate.com
