After the JPEX scandal, Hong Kong’s perception of cryptocurrencies has soured: Survey
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. Public attitude toward cryptocurrency in Hong Kong has taken a dive following the JPEX crypto exchange scandal, according to the initial findings of a new survey. The survey, conducted by The Hong Kong University of Science and Technology’s business school, was to understand how public attitudes toward virtual assets may have been impacted by the JPEX scandal . The survey was launched on Sept. 28, around 11 days after the allegations toward JPEX were made public, with its results compared against a similar survey conducted between April and May. While the survey period is set to end on Oct. 20, the results so far found that 41% of respondents would prefer not to hold virtual assets — up 12 percentage points from a study conducted in May. Only 20% of respondents now want to hold virtual assets in the future, down five percentage points from the earlier...