Cracking the code on cryptocurrency
The ING International Survey Mobile Banking 2018 asked nearly 15,000 people across Europe, the USA and Australia what they think of the cryptocurrency opportunity and finds that Europe is divided on best use and future impact of cryptocurrencies
Executive summary
Our survey reveals how cryptocurrencies, such as Bitcoin, are perceived in 2018 across Europe, the USA and Australia.
It may be no surprise that two in three (66%) in Europe have heard of the technology - although higher shares of males (77%) reply that they have heard of cryptocurrency than females (55%).
What is a surprise, though, is that younger age brackets - especially people aged 25-34 or 35-44 - are not much more likely to agree they have heard of cryptocurrency than other age groups.
Fewer than one in 10 in Europe (9%) indicate owning cryptocurrency – with the smallest fractions in Luxembourg and Belgium. Figures are similar for the USA and Australia. However, one in four (25%) say that they would expect to own cryptocurrency in the future, a potential increase of 16%.
But will cryptocurrency really become more mainstream? Read the report here to know more.
Download
Download report29 June 2018
In case you missed it: Crunch time This bundle contains {bundle_entries}{/bundle_entries} articles"THINK Outside" is a collection of specially commissioned content from third-party sources, such as economic think-tanks and academic institutions, that ING deems reliable and from non-research departments within ING. ING Bank N.V. ("ING") uses these sources to expand the range of opinions you can find on the THINK website. Some of these sources are not the property of or managed by ING, and therefore ING cannot always guarantee the correctness, completeness, actuality and quality of such sources, nor the availability at any given time of the data and information provided, and ING cannot accept any liability in this respect, insofar as this is permissible pursuant to the applicable laws and regulations.
This publication does not necessarily reflect the ING house view. This publication has been prepared solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Reasonable care has been taken to ensure that this publication is not untrue or misleading when published, but ING does not represent that it is accurate or complete. ING does not accept any liability for any direct, indirect or consequential loss arising from any use of this publication. Unless otherwise stated, any views, forecasts, or estimates are solely those of the author(s), as of the date of the publication and are subject to change without notice.
The distribution of this publication may be restricted by law or regulation in different jurisdictions and persons into whose possession this publication comes should inform themselves about, and observe, such restrictions.
Copyright and database rights protection exists in this report and it may not be reproduced, distributed or published by any person for any purpose without the prior express consent of ING. All rights are reserved.
ING Bank N.V. is authorised by the Dutch Central Bank and supervised by the European Central Bank (ECB), the Dutch Central Bank (DNB) and the Dutch Authority for the Financial Markets (AFM). ING Bank N.V. is incorporated in the Netherlands (Trade Register no. 33031431 Amsterdam).