Crypto Still Has Limited Appeal

Crypto Still Has Limited Appeal

Fourteen percent of American adults say they own bitcoin or another type of cryptocurrency, according to new Gallup polling, while a much larger share — 60% — said they will never be interested in buying it. Ownership is higher among conservatives, younger men, and high earners.

Crypto has a long way to go

CRYPTOASSET markets have expanded significantly over the last decade. Adoption by both households and firms has risen rapidly around the world, given the promise of financial innovation, inclusion and efficiency.