Morning Consult: 24% of adults own cryptocurrencies

Analysts from Morning Consult published the results of a study, which shows that almost every fourth adult has digital assets.

According to a study by a consulting company, 24% of adults worldwide own cryptocurrencies. Almost the same proportion of people (23%) have a bank deposit. Accounts in brokerage companies are slightly more popular – 31%. But only 14% of respondents trusted robotic trading in financial markets.

“The increase in the share of owners of cryptoassets compared to the July survey was 2%. At the same time, although Latin American countries continue to be leaders in the adoption of cryptocurrencies, among those surveyed from Germany, Spain and the UK, the number of owners of digital assets has significantly increased,” Morning Consult analysts say.

In the US, 70% of cryptocurrency holders are men. Interestingly, US residents with Spanish roots make up only 16% of the population, while they make up 24% of all US cryptocurrency holders.

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Financial services specialist Morning Consult Charlotte Principato believes that cryptocurrencies in the United States are popular within national communities, as they allow participants to exchange funds between themselves more easily and quickly. In addition, it is often difficult for members of such communities to open accounts in conventional banks.

“Cryptocurrencies have proven that they are not just a fleeting trendy technology. The adoption of digital assets by society in 2022 will increase, they will attract more attention and occupy more and more space in the wallet of consumers,” the authors of the study conclude.

Arizent recently reported a sharp increase in the number of cryptocurrency holders among clients of financial advisors.

Source: Bits

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