INSUBCONTINENT EXCLUSIVE:
Crypto is getting more normal, from the number of people who use it to the type of people who use it, according to a new report.While
Bitcoin (BTC) and crypto news have concentrated on politics and institutions as of late, showing governmental policy becoming more accepting
crypto in America is no longer a hoodie-wearing tech bro or suit-clad Wall Street savant; it is a construction worker in Oklahoma, an artist
in Chicago, a grandmother in Kansas and 55 million everyday Americans using crypto to shop, save and send money home
surprisingly broad crypto adoption across age, gender, income and professional lines and challenges the idea that crypto ownership is the
least some form of cryptocurrency
involve Lamborghinis and get-rich-quick schemes but are often about practical, often transformative uses
This data-driven portrait challenges stereotypes and reframes the crypto debate around financial inclusion, practical adoption and a demand
Some 39% of crypto investors in the survey have used crypto to pay for goods and services
Of these crypto shoppers, 96% used it at least once per year, with 22% doing so weekly
And 31% reported sending crypto to family as an alternative to traditional remittance channels.Recent: Has Bitcoin been captured by politics
and institutions?The most common motivation for entering crypto is investment, cited by 60% as their first driver
average crypto owner defies categories and stereotypes
include a data set showing 31% of women own crypto
However, if the online survey were used, it could skew results toward tech-savvy groups, clashing with a late 2024 Chainalysis report
downplay the effort of polling 10,000 crypto holders across the US to get a better statistical base for analysis
While 67% of holders are men, 31% are women, and nearly 17 million American women are engaged with digital assets
to gain financial freedom
as firms embrace regulating cryptoThe NCA report emphasizes the purported potential for crypto to level the financial playing field
Some 45% of crypto holders saw digital assets as a force for financial inclusion and poverty reduction, while 38% cited their role in
crypto crime detail that digital asset crimes surged in 2024 to an estimated $51.3 billion globally
At first glance, this may show a disparity, but diving deeper, we can see that crime volume is driven by large events like a single
ransomware payout or a darknet market that transacts with millions of dollars at a time
Most crypto owners do not transact with these kinds of risky avenues, according to the NCA report, and 70% of holders hold less than $10,000
81% of crypto owners want to learn more about digital assets, from investment strategies to blockchain basics and tax implications.As Tager
are calling for smarter, clearer rules of the road
The NCA report reveals that 64% of crypto holders support government regulation, and 73% believe it is critical for the United States to
become a global leader in crypto
Yet 67% fear that heavy-handed regulations could stifle the very innovation that makes crypto so transformative.Tager does not see these
Treasury Secretary Scott Bessent supports pro-crypo policy and bills
Senators such as Cynthia Lummis have been proposing Bitcoin Strategic Reserve Bills in Congress, and the actions of the US government in
general have been pointing to a favorable future for the crypto industry to grow on American soil
echoes throughout the data
44% of crypto owners see crypto as a way to enhance transparency and security in traditional financial systems, while another 44% cite its
investors are risking everything for a crypto-funded retirement
