Only 4% of Danish Citizens Hold Crypto Despite Global Growth: Survey
A survey reveals only 4% of Danes own crypto, significantly lower than other European nations, with most holdings being small.Summary
A recent survey by Danmarks Nationalbank, based on responses from over 3,000 citizens, indicates that only 4% of Danish citizens own cryptocurrencies. This figure has remained stagnant since 2023, lagging behind other European countries like Norway, Finland, and the UK, where ownership rates exceed 10%. The report suggests that Danish banks' historically cautious stance, including discouraging high-risk investments and limiting platform access, along with past asymmetric tax treatments, have contributed to this low adoption rate. Crypto ownership in Denmark is concentrated among younger, wealthier individuals, with usage primarily for investment rather than as a means of payment. While indirect exposure through crypto-linked financial products has seen a slight increase, it remains minimal. Notably, Danske Bank, Denmark's largest bank, has recently begun offering crypto investments through exchange-traded products, citing increased client demand and improved regulatory frameworks like the EU's MiCA.
(Source：Cointelegraph)