Hong Kong Bitcoin ETF Proposal: Legislator Suggests Potential for Financial Stability

A Hong Kong legislator, Wu Jiexhuang, has called for the city to explore the potential of including Bitcoin in its national reserve under the “one country, two systems” policy. Wu, a member of Hong Kong’s Legislative Council, suggested that the region study the market impact of U.S.-based Bitcoin exchange-traded funds (ETFs). He pointed to countries…