"Foresight" magazine conducted a study called "Taiwan Virtual Asset Usage Behavior Survey" between May and June 2024, aiming to gain an in-depth understanding of the actual behaviors and opinions of Taiwan's virtual asset users. The survey was conducted using an online questionnaire, targeting users who have "invested or held virtual assets for more than six months" and "have two or more exchange accounts." The total valid sample is 1,080 people.

Key findings include:

  1. 66% of the respondents have held virtual assets for more than two years, and 50% have more than 3 years of investment experience.

  2. More than half of the respondents have capital gains (58.1%) as their primary purpose, and 53.4% ​​of the respondents hold virtual assets because they agree with the decentralized concept of blockchain.

  3. Virtual assets account for approximately 45% of respondents’ total financial assets.

  4. 60% of respondents plan to increase virtual asset allocation in the next three years.

  5. Up to 76% of the respondents chose to allocate their main assets in international centralized exchanges. (The reasons are mainly security and liquidity.)

  6. Only 9% of the respondents chose to allocate their main assets in domestic exchanges, and the total value was mostly less than 50%.

  7. The top three exchanges trusted by respondents to this survey are Binance, OKX and Maicoin.

  8. Only 22% of the respondents would consider "whether they have completed the Financial Supervisory Commission's Money Laundering Prevention Compliance Statement" as an important consideration when choosing a platform.

In addition, the survey revealed that the public generally supports the government in encouraging international exchanges that comply with Taiwan regulations to establish in the local market, rather than banning them entirely. This shows an openness to the healthy development of the virtual asset market.

As the number of virtual asset investors increases, countries around the world have also begun to pay more attention to this emerging market. Last year, the Financial Supervisory Commission announced that it would gradually strengthen the management of domestic virtual asset exchanges and is actively preparing a domestic virtual asset law, with a draft expected to be released this year. The results of this survey will provide a reference for future policy formulation, especially in the design of the virtual asset regulatory framework, which requires a deeper understanding of users' actual behavior and expectations for the investment environment, in order to achieve a balance between innovation and regulation.

Source