OSC: Only 5% of Ontarians Own Crypto, Even Less Understand its Technology
Posted: Thu Jun 28, 2018 8:51 am
The Ontario Securities Commission published a study earlier this week revealing that in spite of raised interest surrounding cryptocurrencies among local residents, the vast majority of them lacked general knowledge about the technology. The study was conducted in March across 2500 individual residents of Ontario over the age of 18.
According to the study, “the vast majority of Ontarians are approaching cryptoassets with caution.” The study explained that on a practical level, this means that “only a small percentage” of Ontarians have holdings in digital currencies, and that holders “tend not to spend substantial sums of money acquiring them.”
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