Nearly 25% of Adults With Internet Access in Asia Might Own Crypto, Report Says

A recent report by CoinDesk and Protocol Theory indicates that approximately 25% of adults with internet access in the Asia-Pacific region may own cryptocurrency. The report, based on a survey of 4,020 individuals across ten countries, suggests that crypto adoption is influenced by the lack of traditional financial services. Notably, nearly 18% of surveyed individuals in emerging markets are using stablecoins. The research highlights that the growth of crypto usage will depend on the ease of integrating digital assets into daily life. The survey shows that half of those aware of cryptocurrency plan to use it in the coming year, despite slow adoption rates. Accessibility issues, such as the complexities of wallets and exchanges compared to conventional banking services, are significant barriers. Additionally, a developing regulatory environment is seen as crucial for facilitating growth, with over 70% of adults in emerging economies asserting the importance of clear regulations. In contrast, this sentiment is less pronounced in more mature markets like Japan, where existing consumer protections reduce reliance on regulatory frameworks for trust.

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