Join the larget crypto conference of 2022 in Bitcoin
Bitcoin
$ 39,046

10% European Citizens holds crypto: Report

0
(0)
10% European Citizens holds crypto: Report 4

A report unveiled that crypto holders in the European Union region are very dense over the holdings by the global population.

The European Union is the biggest region in the world, where a single crypto regulatory framework works. At present crypto is under full legal clarity in the EU for the European citizens to deal with cryptocurrencies but recent initiatives by the MiCA agency created huge hurdles among the crypto community of the EU.

Recently ECB’s Consumer Expectation Survey revealed that 1 out of 10 people from the EU are holders of Crypto assets. The survey was inclined at Belgium, France, Germany, Italy, Spain, and the Netherlands-based populations.

Report data findings revealed that 37% of the crypto HODLers admitted investing around $1,065 into the digital assets market, 29% had distributed between $1,065 and $5,350, while 13% invested a maximum of $10,700.

According to the report, the population of The Netherlands seems highly eager to this asset class since 14% of the local households have exposure. While France is standing at the bottom rank, where only 6% of the population is involved in crypto investment.

Interestingly wealthy portion of the EU population showed more inclination toward crypto over low-income makers. Which is showing the understanding of the financial dominant population about education on crypto & blockchain.

According to an estimation from ECB, young generations are more aware of crypto & blockchain education and these guys are showing huge interest in crypto because of only financial knowledge.

Report stated:

“On average, young adult males and highly educated respondents were more likely to invest in crypto-assets in the countries surveyed. About financial literacy, respondents who scored either at the top level or the bottom level in terms of financial literacy scores were highly likely to hold crypto-assets.”

MiCA against Proof-of-work

MiCA is a special agency in the EU, which is working to bring high strict regulation on Cryptocurrencies to create a better balance between the use cases of crypto & keeping the negative impacts away.

MiCA was considering banning all proof-of-work Consensus-based cryptocurrencies but later controversy stopped the efforts of MiCA. However here it will be too early to comment on this matter but still, the crypto industry is expecting huge from MiCA.

Read also: CFTC commissioner describes crypto assets as lottery token

10% European Citizens holds crypto: Report

 

https://bitcoinik.com/10-european-citizens-holds-crypto-report/feed/

https://bitcoinik.com/10-european-citizens-holds-crypto-report/feed/

 

 

Buy bitcoin and other cryptocurrencies on crypto exchanges  Binance ,  Coinbase ,  Kraken  and  Bitfinex !

 

 

AU Finance – Crypto Investing Platform

 

AU Finance Crypto Investing Platform

Read more… 

Create your free account here…

 

Unique Meta Crypto Investing Platform

Unique Meta Crypto Investing Platform

 

SUPEREX – The most secure digital asset trading platform of the world!

SUPEREX Digital asset trading network

Read more… 

Create your free account here… 

 

SPIN2MONEY – Investing Platform

spin2money Investing Platform

Read more… 

Create your free account here… 

 

SMART PART TIME Investing Platform

 

Smart Part Time

Read more… 

Create your free account here… 

 

 

 

 

 

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

TELEGRAM
Cryptonews24 Channel Chat