China’s Crypto Boom Defies Expectations

Crypto Enthusiasm in China Surpasses Other Asian Countries

China leads the pack in crypto investment enthusiasm, as revealed by a December 2023 report by Vietnamese venture capital firm Kyros Ventures. The report, conducted with the assistance of 10 media agencies from China, Thailand, Korea, Taiwan, and Vietnam, surveyed 5,268 participants. It found that over 70% of Chinese crypto investors allocate more than half of their asset portfolios to cryptocurrencies. This rate is higher than that of Vietnam, South Korea, Taiwan, and Thailand.