Less than 50% of Hong Kong retail crypto investors aware of relevant regulations: Survey

Just 47% of retail crypto investors in Hong Kong are aware of the Virtual Asset Trading Platform Regulatory Regime, a piece of legislation that went into effect this June to protect the interests of retail investors in digital assets in the region.

That’s according to an Oct. 11 report by the Investor and Financial Education Council (IFEC) of Hong Kong. In its survey, the IFEC noted that nearly 25% of Hong Kong adults ages 18–29 have invested in crypto within the past year, three times the demographic average and a significant increase over 2019, where just 3% of respondents in the said demographic reported investing in crypto.

Source

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