If you live in eurozone, you probably own crypto. (And if you live in eurozone and you're reading this, that probability is most likely higher.)
the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together, approximately 10% of respondents from the surveyed countries said they own cryptocurrencies. Out of this group, only 6% of respondents said they own digital assets worth more than 30,000 euros. Meanwhile, 37% of respondents said they owned up to 999 euros in crypto.
Across all of the countries surveyed, investors in the fifth income quintile consistently had the highest proportion of cryptocurrency ownership relative to other income groups. The Consumer Expectation Survey asked adults aged 18 to 70 if they or anyone in their household owned financial assets in various categories, such as crypto-assets.
The survey was included in a new report published by the ECB the same day regarding the growing adoption of crypto assets despite their risk factors. As cited by the ECB, 56% of respondents in a recent Fidelity survey said they had some exposure to crypto-assets, up from 45% in 2020. Increased availability ofand securities on regulated exchanges, such as futures, exchange-traded notes, exchange-traded funds, and OTC-traded trusts, have contributed to the momentum.
In addition, increased regulation has been taken as a sign that public authorities endorse crypto. As an example, the ECB cited Germany allowing institutional funds to invest up to 20% of their holdings in crypto. However, the ECB highlighted at the end of the report that if current trends in digital asset adoption continue, then they will eventually pose a threat to financial stability.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
EUR/USD Forex Signal: More Upside as Pressure on ECB MountsThe EUR/USD pair moved sideways ahead of key economic events scheduled for this week.
Baca lebih lajut »
EUR/USD Soars as Lagarde Talks Up Hikes, Says ECB Will Exit Negative Rates in Q3EUR/USD soared at week’s start, rising about 1.1% to 1.0670 on improved market sentiment, broad-based U.S. dollar weakness, but more importantly, hawkish comments from the ECB’s Christine Lagarde.
Baca lebih lajut »
ECB Warns That Crypto Risks Could Spill Over Into Wider Economy.ecb warns in a new report that crypto risks could spill over into the wider economy as traditional financial institutions become more involved in digital assets. camomileshumba reports.
Baca lebih lajut »
ECB: High Correlation Casts Doubt Over Crypto's Usefulness in Portfolio DiversificationThe central bank warned investors that the high correlation between global crypto and stock markets is evident.
Baca lebih lajut »
Photos: Golden State Warriors are one win away from NBA finals after defeating Dallas MavericksThe Golden State Warriors hung on to defeat the Dallas Mavericks 109-100 on Sunday night
Baca lebih lajut »
UT-San Antonio reaches Texas Tier One status, allowing access to state funds for researchICYMI: UT-San Antonio is the fifth public university in Texas to achieve Texas Tier One status.
Baca lebih lajut »