Hong Kong included crypto investors in investment immigration programs – Bits Media

The Hong Kong government after eight years resumes investment immigration programs for owners of significant amounts in digital assets.

Investments in the Hong Kong economy in the amount of at least $3,84 million, At the same time Real estate investments were excluded.

For the first time, lawmakers proposed for applicants the possibility of ensuring financial conditions of incorporation in the form of investments in the crypto -Once Office Hong Kong. In particular, The criteria of the program will meet the purchase of bitcoins through licensed Hong Kong exchanges.

As the geopolitical climate develops, Hong Kong intends to position himself as a safe harbor for wealthy citizens, and also compete with such authoritative cryptochab, How Singapore and Dubai.

Previously, the securities commission and futures of Hong Kong (SFC) Positively appreciated the prospects for the provision of retail investors access to spotes cryptocurrency ETF after preparing the regulatory framework.