Wednesday, October 22, 2025
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

Hong Kong and Germany Push Bitcoin for National Reserves in Bold Policy Shift

by Catatonic Times
December 31, 2024
in Bitcoin
Reading Time: 2 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


Key Takeaways

Hong Kong and Germany plan so as to add bitcoin to reserves to diversify belongings and hedge inflation.Lawmakers Johnny Ng and Christian Lindner assist bitcoin to modernize insurance policies and increase competitiveness.Analysts see this shift as recognizing bitcoin’s position in stability amid inflation and volatility.

Hong Kong and Germany are exploring proposals to incorporate bitcoin (BTC) in nationwide reserves, reflecting rising institutional curiosity in cryptocurrency-backed belongings. Notably, lawmakers in each international locations opine that bitcoin adoption might strengthen monetary stability and hedge towards inflation dangers.

Coverage Proposals and Key Advocates

In Hong Kong, legislator Johnny Ng proposed including bitcoin to international trade reserves to modernize financial coverage. He emphasised the necessity to diversify reserves and embrace blockchain innovation to reinforce the town’s monetary competitiveness. In accordance with native press, “He highlighted that holding substantial quantities of Bitcoin could be important for making a big fiscal influence.”

As well as, monetary analyst Wu Jiezhuang harassed that a number of U.S. states have licensed Bitcoin allocations of their reserves, aiming to broaden asset diversification and improve monetary stability.

Hong Kong lawmaker have proposed incorporating Bitcoin into Hong Kong’s fiscal reserves and contemplating utilizing the Trade Fund to proceed buying and holding it for a very long time to stimulate the event of the cryptocurrency business in Hong Kong, appeal to funds and…

— Wu Blockchain (@WuBlockchain) December 30, 2024

Additionally, Christian Lindner, Germany’s former finance minister, urged the European Central Financial institution (ECB) and Bundesbank to contemplate Bitcoin reserves, citing the U.S.’s evolving stance on crypto belongings below Donald Trump’s administration. “Germany and Europe should not enable themselves to be left behind once more,” stated the previous finance minister.

He argued that bitcoin reserves might supply safety towards forex devaluation and international financial volatility. Accordingly, analysts imagine these proposals mark a pivotal shift in how governments understand cryptocurrency’s position in international finance.

Market Developments and Financial Rationale for Nationwide Bitcoin Reserves

Notedly, bitcoin’s fastened provide and decentralized construction make it a lovely reserve asset for governments. In the meantime, current international inflationary pressures and declining fiat stability are causes for exploring bitcoin-backed reserves.

Therefore, international locations should adapt to rising monetary applied sciences to stay aggressive. Observers count on extra governments to guage cryptocurrency reserves as curiosity in decentralized finance (DeFi) expands.



Source link

Tags: BitcoinBoldGermanyHongKongNationalPolicypushReservesShift
Previous Post

The last week of the year

Next Post

MicroStrategy Bold Moves: Doubles Down by Acquiring 2,138 More Bitcoins at $97,837 Each

Related Posts

CZ “비트코인, 금 시총 추월할 것”…주목받는 신규 암호화폐는?
Bitcoin

CZ “비트코인, 금 시총 추월할 것”…주목받는 신규 암호화폐는?

October 22, 2025
Melania Crypto Slides 99.3% As Lawsuit Filed In New York
Bitcoin

Melania Crypto Slides 99.3% As Lawsuit Filed In New York

October 22, 2025
Bitcoin Newbie Whales Now Sitting On .9 Billion In Losses, Most Since 2023
Bitcoin

Bitcoin Newbie Whales Now Sitting On $6.9 Billion In Losses, Most Since 2023

October 22, 2025
Market Pullback Deepens: Bitcoin Slips, ETH Drops, and Traders Panic Over Musk’s BTC Move
Bitcoin

Market Pullback Deepens: Bitcoin Slips, ETH Drops, and Traders Panic Over Musk’s BTC Move

October 22, 2025
British Columbia Locks Out New Crypto Miners from the Grid
Bitcoin

British Columbia Locks Out New Crypto Miners from the Grid

October 22, 2025
Taproot Assets – Bitcoin As A Medium Of Exchange
Bitcoin

Taproot Assets – Bitcoin As A Medium Of Exchange

October 21, 2025
Next Post
MicroStrategy Bold Moves: Doubles Down by Acquiring 2,138 More Bitcoins at ,837 Each

MicroStrategy Bold Moves: Doubles Down by Acquiring 2,138 More Bitcoins at $97,837 Each

Earn Bitcoin For Providing Liquidity Via Boltz Pro

Earn Bitcoin For Providing Liquidity Via Boltz Pro

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • Crypto Treasuries Face Resistance from Asian Stock Markets
  • CZ “비트코인, 금 시총 추월할 것”…주목받는 신규 암호화폐는?
  • Melania Crypto Slides 99.3% As Lawsuit Filed In New York
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.