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Wednesday, May 15, 2024

Survey upbeat on crypto acceptance

Representations of various cryptocurrencies are seen in this illustration. A recent survey suggests cryptocurrency acceptance varies among different age groups and is highest among millennials.  REUTERS

The demographic changes taking place in several countries are expected to drive greater adoption of cryptocurrency and blockchain technology, mainly among the millennial and Gen Z populations, according to a new study.

Digital asset trading platform Bitget surveyed more than 255,000 people in 26 countries and found that a decline in the Baby Boomer and Gen X populations could lead to “progress in unlocking solutions that would drive society towards blockchain adoption”.

The study said millennials see cryptocurrency as an…

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