Hong Kong Legislative Council Member Qiu Dagen: Bitcoin can be classified as a financial product and included in the asset scope of the "Capital Inve

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Cointime2023/11/13 04:39

By:Cointime

Carrie Lam, the Chief Executive of the Hong Kong Special Administrative Region, stated in the "Chief Executive's 2023 Policy Address" that she will implement a HKD 30 million capital investor immigration plan and restore investment immigration after 8 years. One of the "Big Four" accounting firms, PwC, has revealed that it has already received inquiries from clients. Hong Kong Legislative Councilor Holden Chow believes that the government can clarify the scope of investment assets, such as listing Bitcoin traded on licensed virtual asset trading platforms as financial products, which should theoretically be allowed. PwC Hong Kong tax partner Wang Xiaoyan hopes that the government will expand the categories of assets and income eligible for tax incentives, which currently do not include investment categories such as art, wine, and virtual assets.

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Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

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Bitget-RWA•2025/09/12 06:14