Odaily News Earlier, Hong Kong Legislative Council member Wu Jiezhuang wrote that the global recognition of Bitcoin is increasing, and he believes that the Hong Kong government may consider including Bitcoin in the strategic fiscal reserves in the future under compliance conditions. However, the HKMA immediately "closed the gate", pointing out that the foreign exchange fund invests in diversified global assets and markets to diversify risks and enhance long-term returns, and crypto assets are not the target assets of the foreign exchange fund. In addition, Chong Tai-leung, executive director of the CUHK Lau Chor-tak Institute of Global Economics and Finance, said that the Hong Kong government should not purchase Bitcoin because its value has been denied by many scholars and officials. If it takes the lead in buying Bitcoin, it may indirectly encourage citizens to buy such worthless things. The job of the Hong Kong government should be to provide a legal and secure platform for market transactions, rather than buying Bitcoin offside. (orangenews)