Our School recently released findings from the latest survey, “Public Perception of Virtual Assets and Tokenized Money”. Following the two previous surveys in 2023, the latest survey gathered 5,863 responses from Hong Kong in November 2024, assessing public opinions on a wide spectrum of Virtual Asset (VA) related topics. This report offers a comprehensive understanding of how public interest, awareness, preferences, and trust towards VA investments have evolved over time, especially in response to external influences. The report also explores public views on regulation and its role in fostering growth within the VA sector in Hong Kong, providing crucial insights to help policymakers, regulators, and finance professionals make informed decisions that align with public preferences.
Notable Findings:
- About 25% of respondents expressed interest in holding VAs in the future, a 6-percentage point increase since the previous survey conducted after an alleged fraud incident in mid-September 2023, indicating a rebound in public interest.
- At least 40% of respondents remained uncertain about holding VAs.
- 20% more respondents would feel safe depositing money into crypto exchanges if they are regulated.
- Discover more notable findings in the full report.
Recommendations for Promoting the VA Sector:
- Simplify Transaction Processes: Enhance blockchain R&D to improve transaction efficiency and security; and develop user-friendly Web3 platforms to reduce reliance on intermediaries.
- Enhance Interoperability: Promote global standards and regulatory collaboration to enable seamless use of tokenized money across platforms and regions.
- Enhance Security and Privacy: Implement stringent security measures and enforce data privacy standards to protect users and build trust.
- Discover more key recommendations in the full report.