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Hong Kong now recognizes Bitcoin and Ethereum as proof of assets for investment immigration applications, requiring a minimum of HKD 30 million in crypto. Authorities are strengthening regulations while expanding licensed crypto platforms, reinforcing Hong Kong’s ambitions as a global digital finance hub. Hong Kong is now allowing Bitcoin and Ethereum to be used as proof of assets for investment immigration. Two applicants—one with Bitcoin and one with Ethereum—have already been approved, marking a real shift in policy. For individuals who want to apply, there are tight criteria. Applicants must hold HK$30 million (around $3.85 million) in crypto. Their assets must be stored in a cold wallet or a trusted exchange like Binance. With this policy, Hong Kong is making it clear that digital assets are here to stay in its financial system. For the first time, the Hong Kong government recognizes Bitcoin and Ethereum as proof of assets for investment immigration applications. So far, two cases have been approved, one for Bitcoin and the other for Ethereum holders. Customers with crypto assets worth HKD 30 million… — Wu Blockchain (@WuBlockchain) February 8, 2025 New Visa Policy Paves Way for Crypto-Friendly Residency This policy helps crypto investors wishing to establish in Hong Kong have a more clear road. Unlike earlier times, when crypto assets were sometimes regarded as too speculative to be used as proof of wealth in immigration petitions, Bitcoin and Ethereum now have a place in Hong Kong’s legislative system. Candidates approved will be given an initial two-year visa once their application is accepted. Before finally becoming qualified to seek for permanent residency, this visa can be renewed in 2-2-3 year increments. One significant exception is that the government will keep tracking asset ownership throughout this period to guarantee adherence to investment rules. Hong Kong Gets Serious About…

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Filed under: News - @ February 9, 2025 7:03 am