Hong Kong Attitudes Toward Crypto Worsen After JPEX Scandal: Survey

Public attitude toward crypto in Hong Kong has worsened after the JPEX exchange scandal, according to a HKUST survey.

41% of respondents now prefer not to hold virtual assets, up 12% from an earlier survey.

Only 20% want to hold virtual assets now, down 5% from the previous survey.

HKUST conducted the survey shortly after allegations against JPEX emerged to gauge public views.

Professor says more education is needed on crypto risks and potential as virtual assets grow.