Hong Kong Experienced Crypto Break Out Year in 2021: Gemini Report

Hong Kong experienced a break out year for crypto investing in 2021 and currently, the city has a 24% adoption rate in crypto investors, according to a report by global cryptocurrency exchange Gemini.

The Global State of Crypto Report surveyed almost 30,000 adults across 20 countries and territories. The findings reported that more than half of crypto owners in Hong Kong, or 51%, started investing in crypto last year.
The Gemini report stated, “In 2021, (the) cryptocurrency reached a tipping point, evolving from what many considered a niche investment into a global, established asset class.”
While 37% or more than one-third of crypto owners in Hong Kong …

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