Hey kids! Hong Kong, a city in China, is letting rich people use Bitcoin and Ethereum (types of cryptocurrency – like digital money!) to show they have enough money to move there! It's like showing your piggy bank, but with digital coins.
This is for a special visa. To get it, you need to prove you have a lot of money – about $3.8 million! Before, you only used regular money like stocks. Now, Bitcoin and Ethereum can count too!
- People are already using their Bitcoin and Ethereum to get this visa.
- You need a special accountant to check your cryptocurrency.
- After proving you are rich, you then need to invest another $3.8 million in Hong Kong.
| Fact | Info |
|---|---|
| Minimum money needed | $3.8 million |
| Cryptocurrencies allowed | Bitcoin, Ethereum |
| Number of applications | 750 (as of January) |
