Data: The number of active cryptocurrency users in Hong Kong is currently estimated to be only about 100,000

PANews reported on December 20 that according to Sing Tao Daily, people in the virtual asset industry in Hong Kong said that the development of virtual assets in Hong Kong is in its early stages and they are not worried about market competition. Instead, they believe that more participants will join. According to HashKey estimates, there are currently only about 100,000 active cryptocurrency users in Hong Kong. The market size is relatively small, and most of the market has been occupied by existing licensed platforms. New entrants need to face high operating costs and face It may be difficult to seize the market. It is expected that competition in Hong Kong’s virtual asset industry will be low in the future.