Can crypto be used to prove financial independence for travel visas? By Cointelegraph

For international travelers still able to cross borders amid an ongoing pandemic, using cryptocurrency to prove they have the means to sustain themselves abroad is a relatively new concept.

Many countries around the world are closed to visitors in an effort to protect their residents from COVID-19, but some have continued to allow students, retirees and others seeking medium- to long-term stays through immigration. Under normal circumstances, entrants are sometimes required to present evidence of funds, both to show they have the necessary savings to provide for themselves and are less likely to work illegally.