Generative Data Intelligence

A High Demand for Cryptocurrencies in Germany: KuCoin Report

Date:

KuCoin

    • A report released by KuCoin shows that cryptocurrencies may have a bright future in Germany.
    • According to the report, 44% of Germans are “motivated to invest in cryptocurrencies to be a part of the future of finance.”
    • Although the demand for cryptocurrencies in Germany is high, the local regulator has had little success in regulating cryptocurrencies.

A report released by KuCoin indicates that the richest country in Europe, Germany, is coming around to cryptocurrency. The report shared statistics that are indicative of a positive future for cryptocurrencies in Germany.

According to the report, 44% of Germans are “motivated to invest in cryptocurrencies to be a part of the future of finance.” The report also mentioned that over a third, around 37% of German cryptocurrency investors “have been trading cryptocurrencies for over a year.”

Furthermore, the statistics also showed that there is a high number of German women that are interested in cryptocurrency, as “women account for 53% of the crypto-curious.” This could be indicative of females in Germany being more interested in the future of finance than the current leg …

spot_img

Latest Intelligence

spot_img

Chat with us

Hi there! How can I help you?