Bank AI

Bitcoin

<div class="cryptonews">
 <p class="is-style-lead">In 2023, the number of <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency owners in Canada decreased slightly, but the average holdings increased significantly.</p>
 <p>According to a report from the Ontario Securities Commission (OSC), 77% of respondents regret investing in crypto assets.</p>
 <p>While the number of Canadians able to provide a basic definition of cryptocurrency has grown from 51% in 2022 to 54% in 2023, only 34% of them now believe cryptocurrency “will play a key role in the future,” compared to 49% in 2022.</p>
 <p>However, despite the pessimism, 39% of respondents said their <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> portfolio was profitable compared to the initial investment, which is only slightly lower than in 2022 (46%). And the average value of such a portfolio has risen sharply from $52,975 last year to $82,998 this year.</p>
 <figure class="wp-block-image size-large"><picture decoding="async" class="wp-image-14222071">
   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2023/11/30/42dcfe92ac3940c3bad941fc2c974366.webp.webp">
   <img decoding="async" width="1024" height="382" src="https://cdn.thebittimes.com/images/2023/11/30/42dcfe92ac3940c3bad941fc2c974366.webp" alt="A new government report claims most Canadians regret investing in crypto assets - 1"> 
  </picture>
  <figcaption class="wp-element-caption">
   Source: OSC <a rel="noopener noreferrer nofollow" title="report" href="https://thebittimes.com/tag/report.html">report</a>
  </figcaption>
 </figure>
 <p>The negative sentiment of Canadians towards <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency was confirmed in the “Digital Canadian Dollar Public Consultation Report.”</p>
 <p>In addition, public consultations on the Central Bank of Canada’s digital currency (CBDC) initiative revealed a general negative attitude from Canadians.</p>
 <p>The Canadian central bank set out to define the place of CBDC in a world dominated by digital paper payments and credit cards. However, Canadian residents have demanded the introduction of rules requiring merchants to accept cash as payment.</p>
 <figure class="wp-block-image size-full"><picture loading="lazy" decoding="async" class="wp-image-14222072">
   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2023/11/30/c438d580b2726183586340113fa083bf.webp.webp">
   <img loading="lazy" decoding="async" width="920" height="408" src="https://cdn.thebittimes.com/images/2023/11/30/c438d580b2726183586340113fa083bf.webp" alt="A new government report claims most Canadians regret investing in crypto assets - 2"> 
  </picture>
  <figcaption class="wp-element-caption">
   Source: Digital Canadian Dollar Public Consultation Report
  </figcaption>
 </figure>
 <p>The majority of respondents advised the Bank of Canada to stop research and increase the capacity to issue a digital Canadian dollar. However, the public believes that their feedback will not be taken into account under the CBDC initiative.</p>
 <p>At the same time, Canada is ranked in the top spot for having seven spot Bitcoin ETFs worth a total of $2b in total <a rel="noopener noreferrer nofollow" title="assets" href="https://thebittimes.com/tag/assets.html">assets</a>. Data from the <a rel="noopener noreferrer nofollow" title="report" href="https://thebittimes.com/tag/report.html">report</a> shows that Canada and Europe are the main markets for spot Bitcoin ETFs, with the seven in Canada and 10 in Europe.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> KPMG Canada collaborates with Chainalysis to combat crypto frauds and exploits
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/a-new-government-report-claims-most-canadians-regret-investing-in-crypto-assets-tbt72185.html">https://thebittimes.com/a-new-government-report-claims-most-canadians-regret-investing-in-crypto-assets-tbt72185.html</a></p>

A new government report claims most Canadians regret investing in crypto assets

TheBitTimes

Ďalšie články zverejnené 30. 11. 2023

Binance Unveils Pioneering Banking Triparty Agreement, Mitigating Counterparty Risk

Binance launches the world’s first crypto triparty deal

Announcement | NFTScan Now Supports Starknet for Both NFTScan Explorer and NFTScan API

The Crypto Market Awaits a Pivotal December: The Impact of Potential Interest Rate Pause

Top Crypto That Sets To Skyrocket After Bitcoin Halving

dYdX To Unlock $478M Worth Of Tokens, Will Bears Have A Field Day?

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!