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Almost 7% of Spaniards own cryptocurrencies

12:28 pm, June 30, 2022

The Spanish National Securities Commission (CNMV) has found that 6.8% of the country’s population owns cryptocurrencies. Recently, analysts from Grupo Analisis e Investigacion conducted a survey among the Spanish population, determining that on average, three out of four Spaniards have an idea of what cryptocurrencies are. At the same time, 1.4% have a good understanding of digital assets and investing in them.

Among the survey participants, 6.8% stated that they have already invested their own funds in cryptocurrencies and will continue to do so in the future. Most of them invest 5% of their income in virtual assets. However, more than 80% have not bought cryptocurrencies and do not plan to do so. These results are higher than in France (where 6% of the population uses cryptocurrencies) and lower than in Germany (14%).

According to analysts, there is a direct correlation between the likelihood of purchase and the level of awareness of digital assets. That is why it is important to educate people about investing in cryptocurrencies and «open»
the world of virtual technologies to them.

Thus, the University of Lebanon announced the launch of a course dedicated to blockchain technologies and investing in cryptocurrencies, which is how the country hopes to fight hyperinflation. Also last week, the University of Cincinnati launched two study programs on cryptocurrencies, bitcoin, and new financial technologies. And the University of Arizona is planning to issue non-fungible tokens and conduct virtual classes in the meta-universe.

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