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Survey: 70% of Taiwanese users prefer overseas crypto platforms

"Foresight" magazine recently released the results of the "Taiwan Virtual Asset Use Behavior Survey", which surveyed users who "invested in or held virtual assets for more than 6 months" and "had more than 2 exchange accounts". The survey period was from May 7 to June 11, 2024, and a total of 1,080 valid samples were recovered. The survey found that for the supervision part, respondents believe that the areas that need the most "strict supervision" are anti-fraud and anti-money laundering. In terms of asset allocation, virtual assets are currently placed in the majority of international centralized exchanges. Respondents expect to avoid too many restrictions and retain people's right to choose. At the same time, they also expect the government to encourage international exchanges that are willing to cooperate with Taiwan's regulations to land rather than completely ban them, indicating that the public is mostly "safe but free" in the face of the emerging virtual asset industry. Among them, 70% of users prefer overseas platforms, with the first consideration being "security". The top three platforms that respondents trust more are international centralized exchanges Binance, OKX, and Taiwan's local Maicoin.