Crypto Awareness at 76% in Spain - Survey | The Markets Café
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
Friday, March 31, 2023
No Result
View All Result
Subscribe
  • Login
The Markets Café
en English
zh-CN 简体中文en Englishfr Françaisde Deutschhi हिन्दीit Italianoja 日本語pt Portuguêsru Русскийes Españoltr Türkçe
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • VideosHOT
  • Community
  • Charts
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • VideosHOT
  • Community
  • Charts
No Result
View All Result
The Markets Café
No Result
View All Result
  • News
  • Politics
  • Markets
  • Crypto
  • Economy
  • Finance
  • Forex
  • Investing
  • Tech
  • Videos
  • Community
Home Crypto Crypto News

Crypto Awareness at 76% in Spain – Survey

by Press Room
August 13, 2022
in Crypto News
97 6
A A
0
21
SHARES
688
VIEWS
FacebookTwitter

 

A survey has found that 76% of surveyed Spaniards know about crypto – and that almost a third know details about how tokens are regulated in the country.

The study was carried out by Spain’s markets regulator, the National Securities Market Commission (CNMV), in conjunction with the data compiler Análisis e Investigación. As part of their research, the bodies spoke to 1,500 people aged 16 and 70 in the country between May and June this year.

The survey also painted a familiar picture of a typical domestic crypto investor: Most people who said they invested in coins were university-educated (almost half), upper-middle class (64%), earned over USD 3,000 a month (41%), and male (66%). And well over a third were aged 35 to 44, with the median age of 38 years and seven months.

Almost half of investors said they had put less than 5% of their total capital in cryptoassets, although a sizeable minority (4.5%) said they had invested half or more of their worth in bitcoin (BTC) and other tokens.

Over one in 10 of all the men surveyed said they were crypto investors, along with just over 3% of the women.

In terms of regulation, 32% said they “are aware of the current situation in terms of regulation and cryptocurrency supervision.” But almost half said they were in the dark about the matter. And the remaining 20% said they believed some regulations were in place – although they were unsure about their nature.

There were also fascinating geographical insights: Almost a quarter of crypto investors were based in the capital Madrid, with large numbers of investors also living in the traditionally wealthy Catalonia and the Valencia regions. But there was also a surprising result: 14% of investors were residents of the southern region of Andalusia – historically the poorest part of Spain.

Among non-investors, men were far more likely to know about crypto than women, the survey found – but knowledge did not really vary across age groups. Almost a third of respondents claimed that they had first heard about coins from family members and friends.

For the regulator, however, the level of public awareness in crypto regulation leaves something to be desired. The CNMV wrote:

“Forty percent of those surveyed indicated that they remember warnings made about crypto and issued by the [central] Bank of Spain, the government, the European Central Bank, or the CNMV.”

_____
 
– Spanish Crypto Holders to Be ‘Burdened’ with Fresh Crypto Declaration Rules
– Spanish Police Spends USD 115K on Crypto Monitoring Technology to Fight Drug Smuggling

– Global Professionals Increasingly Interested In Bitcoin & Crypto Payments – Report
– 84% of Surveyed Brazilian High Earners Know What Crypto Is

– Mastercard: 51% of Surveyed Consumers in Latin America & the Caribbean Have ‘Experienced’ Crypto
– One in Seven Wealthy People Now Owns ‘Digital Assets’ – Survey

– 13% of Surveyed Canadians Owned Bitcoin in 2021, Up from 5% in 2020 – Bank of Canada
– Accenture Sees Strong Demand for Digital Assets Among Asian Investors, but Hesitancy Among Advisory Firms

Read the full article here

Related Articles

Crypto News

Bitcoin touches $29K! Why BTC is unaffected by regulatory pressure

March 31, 2023
Crypto News

Bitcoin Price Prediction as BTC Rally Intensifies with $20 Billion Trading Volume – Can BTC Reach $30,000 This Week?

March 31, 2023
Crypto News

UK government announces ‘robust’ crypto regulation as part of economic crime plan

March 30, 2023
Crypto News

LimmerCoin Review – Scam or Legit?

March 30, 2023
Crypto News

OCC’s new Office of Financial Technology has a director and an opening date

March 30, 2023
Crypto News

Today in Crypto: Malware Disguised as Tor Used to Steal $400,000 in Crypto in 2023, Telegram Premium Can be Purchased with TON, Boerse Stuttgart Digital Licensed by BaFin for Crypto Custody Business

March 30, 2023

About Us

The Markets Café

The Markets Cafe is your one stope Finance, Politics and bussines news website, follow us to get the latest news and updates from around the world.

Sections

  • Commodities
  • Crypto Markets
  • Crypto News
  • DeFi
  • Economy
  • Explained
  • Finance
  • Forex
  • Futures
  • Investing
  • Markets
  • News
  • NFT
  • Politics
  • Real Estate
  • Stocks
  • Tech
  • Videos

Site Links

  • Contact
  • Advertise
  • DMCA
  • Submit Article
  • Forum
  • Site info
  • Newsletter

Newsletter

THE MOST IMPORTANT FINANCE NEWS AND EVENTS OF THE DAY

Subscribe to our mailing list to receives daily updates direct to your inbox!

  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

© 2022 The Markets Café - All rights reserved.

No Result
View All Result
  • News
  • Politics
  • Markets
    • Stocks
    • Futures
    • Commodities
  • Crypto
    • News
    • Markets
    • NFT
    • DeFi
    • Explained
  • Economy
  • Finance
  • Investing
  • Forex
  • Real Estate
  • Tech
  • Videos
  • Community
  • Charts

© 2022 The Markets Café - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.