Hong Kongers Are Wary After JPEX Saga- And They Should Be

At least 2500 victims have been reported thus far, and the Hong Kong Securities and Futures Commission has responded to the scandal by <a href="https://www.coinlive.com/news-detail/181356" rel="noopener ugc nofollow" target="_blank">publishing a list of virtual asset trading platforms applying for an operating licence</a>. The outbreak of such a huge scandal is certainly not great for any country- let alone one that is <a href="https://www.coinlive.com/news-detail/181516" rel="noopener ugc nofollow" target="_blank">aspiring to become a blockchain hub of the world</a>. And it’s not just Hong Kong’s reputation that has suffered since the scandal- according to a <a href="https://hkust.edu.hk/news/research-and-innovation/hkust-releases-survey-findings-public-attitudes-towards-virtual-assets" rel="noopener ugc nofollow" target="_blank">survey by the Hong Kong University of Science and Technology’s business school</a>, public attitudes towards crypto have taken a significant hit since the scandal. Around 41 per cent of survey respondents expressed that they would prefer not to hold virtual assets, up 12 percentage points from a study conducted in May. <a href="https://medium.com/@Crypto_Ramen/hong-kongers-are-wary-after-jpex-saga-and-they-should-be-b2c1467483fb">Visit Now</a>