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Hong Kong to reintroduce investment immigration, includes Bitcoin

EditorAmbhini Aishwarya
Published 11/13/2023, 05:03 AM
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Hong Kong is preparing to reopen its investment immigration program after an eight-year hiatus, with a notable inclusion of Bitcoin trading on its licensed exchanges. This move is part of a broader initiative aimed at attracting high-net-worth individuals and signals the city's progressive stance on decentralized digital currencies.

The revamped program sets an entry threshold of $3.84 million for prospective investors, positioning Hong Kong as a forward-looking hub for wealth management. In addition to embracing cryptocurrency investments, the city is also considering the launch of spot crypto ETFs, pending regulatory clearance.

This development reflects Hong Kong's commitment to not only revitalize its position as a premier financial center but also to integrate emerging financial technologies into its markets. The inclusion of Bitcoin in the investment immigration scheme underscores the city's recognition of cryptocurrency's growing role in global finance and wealth accumulation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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