ZA Bank’s HK survey shows how clients want to access crypto via banks – Ledger Insights
Hong Kong’s ZA Bank conducted a survey during the past three weeks, showing that its clients strongly appreciate access to cryptocurrencies via the bank. Last November it was the first Asian bank to launch a digital asset service for retail clients. ZA Bank is controlled by China’s ZhongAn Insurance, which was founded by the Chairmen of Alibaba, Tencent and PingAn Insurance.
Given the survey participants were ZA Bank clients, the sample is not entirely unbiased. Nonetheless, the findings make sense and could reflect customer appetites in many other jurisdictions.
With the recent hack of ByBit crypto exchange funds, more than three quarters of clients mentioned they trust the bank as a caretaker of their crypto funds as…
