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Hong Kong accepts cryptocurrency as proof of assets required under the New Capital Investment Entrant Scheme

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Odaily Planet Daily News: A spokesperson for the Hong Kong Investment Promotion Agency confirmed that cryptocurrencies, including Bitcoin and Ethereum, can be used as proof of assets when applying for a "Capital Investment Entrant Scheme" visa. This visa requires applicants to prove a net worth of at least HKD 30 million (approximately USD 3.8 million) within a specific period of time. Once the visa is approved, the applicant must invest an additional HKD 30 million for the so-called 'approved assets'. A spokesperson for Invest Hong Kong confirmed that cryptocurrency is not considered an "approved asset" under visa requirements. (CoinDesk)

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