Most wealthy Hong Kong investors plan to buy crypto, Japan’

Asia’s Crypto Landscape: Hong Kong Investors Eye Digital Assets, Japan Considers Bank Holdings

Hong Kong’s Affluent Show Strong Crypto Interest

A recent survey indicates significant interest in digital assets among Hong Kong’s wealthy investors. Nearly 80% of those surveyed intend to invest in cryptocurrencies within the next year, with over 30% already holding some form of crypto exposure. This finding stems from a study of more than 500 individuals, each possessing at least 1 million Hong Kong dollars (approximately $128,650) in liquid assets.

Standard Chartered Hong Kong to Offer Crypto ETF Trading

Further signaling the growing mainstream acceptance of digital assets, Standard Chartered Hong Kong is reportedly planning to introduce trading services for cryptocurrency exchange-traded funds (ETFs) in November. This development could provide more accessible pathways for investors looking to enter the crypto market.

Japan Explores Allowing Banks to Hold Bitcoin

Meanwhile, Japan is reportedly considering a policy shift that would permit banks to hold Bitcoin. This potential regulatory change could significantly impact institutional involvement in the cryptocurrency space within the country, offering new opportunities for financial institutions to engage with digital currencies.