The Hong Kong Monetary Authority pointed out that encryption assets are not the target assets of forex fund investment.

Golden Finance reported that US presidential candidate Trump threatened to classify BTC as a strategic reserve asset for the United States once he returns to the White House, and said he would develop a plan to ensure that the United States becomes the capital of Cryptocurrency, stimulating a sharp rise in the price of BTC. Hong Kong legislative councilor Wu Jiezhuang stated that global acceptance of BTC is increasing, and suggested that the Hong Kong government may consider including BTC in its strategic financial reserves under Compliance. However, the Hong Kong Monetary Authority immediately emphasized that forex fund investments cover a diverse range of global assets and markets to diversify risks and enhance long-term returns, and that encryption assets are not the target assets of forex fund investments. In addition, Zhuang Tailiang, the executive director of the Global Economy and Finance Research Institute at the Chinese University of Hong Kong, said that the Hong Kong government should not purchase BTC because its value has been denied by many scholars and officials. If the government takes the lead in buying BTC, it may indirectly encourage citizens to buy something that has no value. The role of the Hong Kong government should be to provide a legal and safe platform for market transactions, rather than buying BTC out of line.