VISA survey: over 30% of Hong Kong people own or use cryptocurrencies, just behind the United States.

VISA, a global leader in debit card payments, has announced its ninth issue of "Cryptocurrency Phenomenon: Consumer Attitudes and Usage". According to the survey results, 91% of Hong Kong residents are knowledgeable about cryptocurrencies, around 31% of Hong Kong people in this group either own or already use cryptocurrency, and 18% of Hong Kong farmers are cryptocurrency. currencies. Active holding, 13% passive holding, was only second in the United States out of eight market observations.

Note: Client means that if a cryptocurrency user sends or receives, buys or accepts one or more payments, the holder does not necessarily designate the cryptocurrency buyer as an investment but does not trade cryptocurrency for trade. No consumer products. .

Additionally, the majority (63%) of those surveyed who report using cryptocurrency have increased over the years. The reasons for the increase in the use of cryptocurrencies turned out to be related to their willingness to participate in the future financial system (43%) and to the diversification of their capital (32%).

This report was produced by VISA from August 25 to September 13 with 6,341 respondents from three new markets including Argentina, Brazil and South Africa and eight markets including Australia, Germany and Hong Kong. and USA.

1 in 3 people in the world have introduced cryptocurrency.

Overall, in eight market observations, nearly a third of respondents own or use cryptocurrencies, and with the popularity of cryptocurrencies, the demand for commercial use continues to increase, with around 81% of owners. of crypto-currencies representing crypto-currencies. domain. Card.

Here are 8 markets in terms of ranking:

* 21% are secretaries.

* 11% are disabled.

* 21% want to know

* 11% don't believe and 37% don't know or care about cryptocurrencies.

VISA notes that almost two-thirds of cryptocurrency users are men. Almost two-thirds of cryptocurrency users in the market are male (65% holders) and the cryptocurrency is female (57% intact). Hong Kong is unique and there is little difference in the participation of men and women.

Hong Kong people eager to participate in the financial future

Hong Kong's South China Morning Post (SCMP) reported that the main reason Hong Kong people are ready to invest in cryptocurrency is if they want to participate in the financial future and diversify their investments.

Maaike Steinebach, CEO of VISA Hong Kong and Macau, said, “As consumers rethink the way they invest, use and invest, cryptocurrencies are not just profitable. Assets are not only tradable, but also a source of payment. Cryptocurrency applications are emerging as awareness increases.

Alice Lau, in her twenties, who worked for a cryptocurrency firm in Hong Kong, said, “I've tried investing in stocks and bonds, but cryptocurrencies are getting more and more interesting. Listen carefully and don't worry about my resources.

According to previous reports, Liang Fengyi, vice chairman of the Hong Kong Securities Regulatory Commission, attended the 3rd meeting and said that the Securities and Exchange Commission and the Financial Committee are close to the review meeting. regulatory procedures related to the cryptocurrency market. . Acceptance of cryptocurrency related ETFs and allows traders to invest in cryptocurrency through online brokers

Current Hong Kong policy requires cryptocurrency-related vendors to apply for a license and only provide services to professional traders. Expert investors are defined as individuals with significant net worth of HK $ 8 million (US $ 1 million) or companies with total assets of at least US $ 5 million. .