Global Cryptocurrency Ownership in Selected Countries

Global Cryptocurrency Ownership in Selected Countries

Proof Point

Cryptocurrency ownership in countries surveyed by ING ranged from 4% to 18% in 2018, with another 10% to 45% of population expressing plans to own in the future

Global Cryptocurrency Ownership in Selected Countries

March – April 2018 (percentage)

Note: Data from ING study of 14,828 across 15 nations (Europe, U.S. and Australia) on March to April 2018

Proof Point Findings

  • Cryptocurrency – Digital or virtual currency that uses cryptography to regulate generation and verify transfer, independent from any central bank
  • 2018 Ownership – Turkey leads cryptocurrency ownership among all countries surveyed by ING in 2018 with 18%, followed by Romania (12%), Poland (11%) and Spain (10%)
  • Investment Plans – More consumers in all countries surveyed also plans to own cryptocurrency in future, with Turkey still in the lead with 45% planning to invest
  • Luxembourg Low Numbers – Only 4% of Luxembourg's population own cryptocurrency in 2018, however another 13% expressed intention to do so in future
  • Key Growth Drivers – Include rapidly-increasing popularity of cryptocurrencies as a new investment class, growing consumer interest in fiat currency alternatives, and proliferation of businesses that accept cryptocurrencies to complete transactions

Accelerator

Market Disruption

Source

Date Last Updated

January 16, 2019

Leave a comment