Hongkongers are among the world’s biggest investors in cryptocurrencies, Visa study says


About a third of Hong Kong residents have invested in, or used, cryptocurrency as a medium of exchange, the second-highest engagement with the new asset class among developed markets surveyed by credit card company Visa.

Crypto or cryptocurrency is a digital or virtual currency secured by cryptography and is also used to buy products and services, but is not backed by a government authority, which potentially makes it a risky asset class.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

SCMP , Hong Kong , Cryptocurrencies

   

Next In Aseanplus News

Power outage at Fukushima plant, water release suspended
Race to salvage property
Prabowo declared president-elect
North Korea sends officials to Iran
Rebel group withdraws troops from key town at Thai border
‘Modi using hate speech’
Govt to replace military-appointed Senate, reduce its powers
Suspect’s sneakers match footprints at crime scene
Prabowo calls for unity among political elites
Fresh crew for Tiangong

Others Also Read