Hong Kong Approves Cryptocurrency for Investment Immigration
- Hong Kong has accepted cryptocurrency as proof of assets for investor immigration.
- Bitcoin and Ethereum holdings were recognized in two cases.
- The residency requirement involves HK$30 million in assets.
- Accountant Xiao Yaohe confirmed the acceptance of crypto assets.
Hong Kong has taken a significant step by allowing cryptocurrency, including Bitcoin and Ethereum, to be used as proof of assets for its investment immigration program, requiring HK$30 million in holdings. Accountant Xiao Yaohe verified this development.
Source (2.6)https://news.bitcoin.com/hong-kong-accepts-crypto-as-proof-of-assets-for-investment-immigration/?rand=52384