Cryptocurrency Accepted by Participating Global Cyptocurrency Exchanges, Wallet Providers and Payment Companies

Cryptocurrency Accepted by Participating Global Cyptocurrency Exchanges, Wallet Providers and Payment Companies

Proof Point

Bitcoin most supported and used cryptocurrency by majority of exchanges, wallets and payment companies

Cryptocurrency Accepted by Participating Global Cyptocurrency Exchanges, Wallet Providers and Payment Companies

January 2017 (percentage)

Note: Data from University of Cambridge’s Global Cryptocurrency Benchmarking Study of 144 cryptocurrency organizations and individual miners across 38 countries

Proof Point Findings

  • Cryptocurrency – Digital or virtual currency that uses cryptography to regulate generation and verify transfer, independent from any central bank
  • Bitcoin Dominant – Almost all (98%) respondents stated they accept bitcoins for transactions, distantly followed by Ether (33%) and Litecoin (26%)
  • Key Growth Drivers – Include proliferation of cryptocurrencies and related service providers, growing number of merchants and businesses adopting cryptocurrencies, and increasing public interest in alternatives to traditional currencies

Accelerator

Market Disruption

Sector

Cross-sector, Financial Services

Source

Date Last Updated

September 8, 2017

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