{"id":176637,"date":"2023-10-18T19:56:13","date_gmt":"2023-10-18T14:26:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=176637"},"modified":"2023-10-18T19:56:13","modified_gmt":"2023-10-18T14:26:13","slug":"over-40-of-hong-kong-investors-shun-digital-assets-post-jpex-scandal-survey-reveals-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/over-40-of-hong-kong-investors-shun-digital-assets-post-jpex-scandal-survey-reveals-crypto-news\/","title":{"rendered":"Over 40% of Hong Kong investors shun digital assets post-JPEX Scandal, survey reveals &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>An estimated 41% of Hong Kong residents prefer not to hold virtual assets following the aftermath of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/hong-kong-jpex-scandal-says-ex-sfc-official\/\">JPEX scandal<\/a> cryptocurrency exchange, according to the preliminary findings of a survey conducted by the School of Business and Management of The Hong Kong University of Science and Technology.<\/p>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/fake-blackrock-etf-news-prompts-us57-mln-bitcoin-long-liquidations\/\">Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations<\/a><\/p>\n<h3 class=\"wp-block-heading\">Fast Facts<\/h3>\n<ul>\n<li>This is a 12% increase from a previous survey by the university between April 24 and May 23, 2023, before unlicensed trading platform <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/video-audio\/taiwan-crypto-rules-el-salvador-bitcoin\/\">JPEX<\/a> allegedly caused around US$154 million in losses to over 1,600 investors, marking the largest fraud case in Hong Kong.<\/li>\n<li>Among the 2,200 total respondents, 8% said they intend to invest in virtual assets said they will invest up to HK$50,000 (US$6,388) or less with a preference towards directly owning tokens or investing in exchange-traded funds (ETFs) as opposed to derivatives-based products.<\/li>\n<\/ul>\n<ul>\n<li>According to the survey, about 20% of the total 2,200 respondents said they would like to hold virtual assets in the future, a 5% drop from the previous survey.<\/li>\n<\/ul>\n<ul>\n<li>Only around 27% of respondents said they are currently holding or have held virtual assets in the past while 84% have heard of virtual assets.\u00a0<\/li>\n<\/ul>\n<ul>\n<li>The survey was launched on Sept. 28 and will conclude on Oct. 20, 2023.<\/li>\n<\/ul>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/binance-hong-kong-users-lose-us450000-phishing-texts\/\">Binance users in Hong Kong hooked by US$450,000 phishing attacks<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An estimated 41% of Hong Kong residents prefer not to hold virtual assets following the aftermath of the JPEX scandal cryptocurrency exchange, according to the preliminary findings of a survey conducted by the School of Business and Management of The Hong Kong University of Science and Technology. See related article: Fake BlackRock ETF news prompts [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":107310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-176637","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=176637"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176637\/revisions"}],"predecessor-version":[{"id":176638,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176637\/revisions\/176638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/107310"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=176637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=176637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=176637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}