Ng Kit-chong, a member of the Hong Kong Legislative Council, has shared his insights on the X platform regarding former President Trump's speech at the Bitcoin conference. Ng highlighted the significance of Bitcoin and Web3 in driving global development, emphasizing the need to encourage their growth worldwide.

Ng's views on Bitcoin's potential are noteworthy, as he suggested that the cryptocurrency could be considered for inclusion in strategic financial reserves in the future, provided it meets regulatory requirements. This perspective underscores the growing recognition of Bitcoin's importance in the global financial landscape.

Ng expressed confidence in the Hong Kong Special Administrative Region government's approach to opening up the market, predicting a responsible and gradual process. This cautious optimism suggests that Hong Kong is poised to play a significant role in shaping the future of Bitcoin and Web3.

The intersection of cryptocurrency and traditional finance is becoming increasingly important, and Ng's comments highlight the need for regulatory compliance in this space. As Bitcoin continues to gain traction, its potential inclusion in strategic financial reserves could mark a significant milestone in its development.

In conclusion, Ng Kit-chong's views on Bitcoin and Web3 underscore their significance in driving global growth and development. His confidence in the Hong Kong government's approach to opening up the market suggests a bright future for cryptocurrency in the region, with potential implications for the broader financial landscape.