Hong Kong is letting people use cryptocurrency like Bitcoin and Ether to prove they have enough money to move there! This is part of a program to get wealthy people to live in Hong Kong. It's a big deal because it shows that crypto is becoming more accepted as real money.
- Two people successfully used crypto to show they were rich enough.
- Hong Kong's government didn't say yes or no to crypto, but they didn't stop it either.
- People need to show they have $3.9 million to qualify.
- This makes Hong Kong a leader in accepting crypto.
| Fact | Number |
|---|---|
| Minimum money needed | $3.9 million |
| Percentage of applicants from Guinea-Bissau or Vanuatu | ~80% |
| Number of successful applications using crypto (estimated) | At least 2 |
