Huang Hao, Vice Dean of the Hong Kong University of Science and Technology, pointed out that in terms of understanding, a survey found that only 10% of respondents believed they had a "clear understanding" of virtual assets, while as many as 73% of respondents were interested in investing in Bitcoin, which accounts for a large proportion of virtual assets. Recently, the cryptocurrency storm has not only attracted public attention to virtual assets and their regulation, but also made citizens more conservative about investing in virtual assets. However, he believes that virtual assets have been in existence for more than ten years and have been able to invest without supervision all along, and he believes that regulation will promote the long-term healthy development of the industry.