🚨 JUST IN: 🇸🇦 Saudi Arabia is weighing an expansion of its premium residency program to ultra-wealthy individuals — including $30 million net-worth people and super yacht owners (Bloomberg).

$BTC

This is a major move for global capital flows and wealth migration.

Here’s why it matters for crypto:

📌 Wealthy individuals often look for tax efficiency and asset protection

📌 Saudi Arabia is becoming a global financial hub

📌 High-net-worth capital often flows into crypto as a diversification tool

📌 Ultra-wealthy migration usually means more institutional-grade demand

When wealthy investors get new options for residency and asset protection, crypto becomes more attractive, especially for large allocations.

$BNB $ETH

#Crypto #Bitcoin #WealthMigration #GlobalMarkets #Macro

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