🇭🇰 Hong Kong-based family office Avenir Group reports owning $599 million in Blackrock’s #Bitcoin ETF #HongKong2024

Hong Kong government recognizes Bitcoin and Ethereum as proof of assets for investment immigration applications!

Hong Kong's government has made a groundbreaking move by recognizing Bitcoin and Ethereum as valid proof of assets for investment immigration applications. This decision marks a significant milestone in the region's financial policy and cement's Hong Kong's position as a hub for financial innovation .

To qualify for the investment visa program, applicants must prove they hold at least HK$30 million (approximately US$3.8 million) in assets, which can now include Bitcoin and Ethereum. This development is expected to attract cryptocurrency investors from around the world, boosting the local economy .

Key Requirements for Crypto Visa:

Minimum Asset Holding:HK$30 million (approximately US$3.8 million)

Asset Security:Cryptocurrencies must be held in a cold wallet or on a trusted exchange

Ongoing Investment: Applicants must continue to invest in Hong Kong to maintain their visa status

This move is seen as a strategic step towards integrating digital assets into Hong Kong's financial system, while prioritizing transparency, security, and regulatory compliance .#HongKong2024

🌍 Hong Kong Embraces Crypto: Ethereum Now Opens Doors to Residency! 🚀
$ETH
$BTC
🚀 Hong Kong Approves Ethereum for Investment Immigration! 🇭🇰💰

Hong Kong’s InvestHK has approved an investment immigration application backed by Ethereum, with assets valued at 30 million HKD. This marks another step forward in crypto adoption, following the first Bitcoin-based approval in October 2024.

With digital assets now recognized for residency applications, is crypto becoming the future of global finance?

🌍📈 What’s your take on this milestone?

#Ethereum✅ #CryptoAdoption #HongKong2024 #Binance

NEWS: 🇭🇰 Hong Kong approves four more #Bitcoin and #crypto exchanges.

#HongKong2024 $BTC #MarketNewHype #BTCNewATH

🚀 Hong Kong Approves 4 New Crypto Trading Licenses!

Hong Kong’s Securities and Futures Commission (SFC) just licensed 4 new virtual asset trading platforms (VATPs) 🪙:
✅ Accumulus GBA Technology Ltd
✅ DFX Labs Company Ltd
✅ Hong Kong Digital Asset EX Limited
✅ Thousand Whales Technology (BVI) Ltd

🔢 Now, 7 platforms can serve retail customers, including:

HashKey Group

OSL

HKVAX

📋 Key Details:

Platforms underwent strict inspections earlier this year 🔍.

Licenses come with initial restrictions but will upgrade after further assessment ✅.

Security first: Vulnerability & penetration tests are mandatory through independent third parties 🔐.

💬 Eric Yip (SFC):
“We aim to balance investor protection with fostering growth in Hong Kong’s virtual asset ecosystem.”

📊 What’s next?
The SFC is reviewing 11 more platforms, with approvals expected soon 🔥. Hong Kong is doubling down on becoming a global crypto hub 🌍.

#CryptoNewss #HongKong2024 #Debate2024 #BTCNewATH

"Hong Kong: The Global Gateway for Shenzhen's Mining Equipment Exports."

Shenzhen's Mining Equipment Exported Globally Via Hong Kong
According to Oddly, vendors in Shenzhen's Huaqiangbei district Shenzhen's Mining Equipment Exported Globally Via Hong Kong
According to Odaily, vendors in Shenzhen's Huaqiangbei district are leveraging Hong Kong as a key hub to export mining equipment worldwide. While demand for mining machines in mainland China remains minimal, Hong Kong's legal market and specialized companies have created opportunities for global trade.

To mitigate risks, transactions and deliveries occur in Hong Kong, just a short trip from Shenzhen. Cross-border trucks can transport mining equipment within a day, and Hong Kong's extensive international flight network ensures fast air shipment to global markets. For larger orders with less urgency, sea freight provides a cost-effective logistics solution.

This strategic advantage—proximity to Shenzhen, efficient transport options, and global connectivity—positions Hong Kong as a preferred gateway for exporting mining equipment.

are leveraging Hong Kong as a key hub to export mining equipment worldwide. While demand for mining machines in mainland China remains minimal, Hong Kong's legal market and specialized companies have created opportunities for global trade.

To mitigate risks, transactions and deliveries occur in Hong Kong, just a short trip from Shenzhen. Cross-border trucks can transport mining equipment within a day, and Hong Kong's extensive international flight network ensures fast air shipment to global markets. For larger orders with less urgency, sea freight provides a cost-effective logistics solution.

This strategic advantage—proximity to Shenzhen, efficient transport options, and global connectivity—positions Hong Kong as a preferred gateway for exporting mining equipment.
#HongKong2024