April 26, 2025
Blockchain

The Economist: One-third of respondents support the legalization of cryptocurrencies

  • June 6, 2022
  • 0

37% of respondents from developed and developing countries supported the approval of digital assets as a means of payment. Such results were obtained by researchers from The Economist.

The Economist: One-third of respondents support the legalization of cryptocurrencies

The Economist: One-third of respondents support the legalization of cryptocurrencies
The Economist: One-third of respondents support the legalization of cryptocurrencies

37% of respondents from developed and developing countries supported the approval of digital assets as a means of payment. Such results were obtained by researchers from The Economist.

43% of the respondents were neutral on this issue, while 18% were against it.

3,000 people from the USA, UK, France, South Korea, Australia, Singapore, Brazil, Turkey, Vietnam, South Africa and the Philippines participated in the study.

While 37% of the respondents were in favor of the CBDC issue, 19% were against it.

Participants were more enthusiastic about the NFT question. 60% reported interest in transactions with similar tokens and only 7% related to their absence. Regarding DeFi, analysts received 34% positive and 17% negative responses.

While 13% of respondents admitted to using cryptocurrencies for payments, 18% expressed confidence that cash in their country would actually go completely out of circulation. The Economist saw this as the impact of the COVID-19 pandemic.

Recall that 68% of crypto investors in the US made their first trade in 2021, according to Huobi analysts.

Earlier, Binance CEO Changpeng Zhao predicted explosive growth in cryptocurrencies adoption in 2022.

Source: Fork Log

Leave a Reply

Your email address will not be published. Required fields are marked *