Survey: One in Five Americans Has Used Cryptocurrency

Twenty-one percent of Americans have spent, traded, or invested in digital assets at least once. NBC News reported the results of a poll of 1,000 respondents, CNBC writes.

The survey’s margin of error was 3.1 percentage points.

Around half of men aged 18–49 fell into the “crypto enthusiasts” category — the highest share among all demographic groups. Among men and women aged 18 to 34, the share stood at 42%.

Among the arguments, supporters of Bitcoin, Ethereum and stablecoins cited high transaction speeds, lower costs, privacy, security and access to financial services for the unbanked.

Only 19% of respondents expressed a positive view of cryptocurrencies, 56% a neutral or wary stance, and 25% a negative outlook.

The agency attributed this to a lack of regulatory clarity in the industry.

In 2021, the head of the U.S. SEC noted that cryptocurrencies have a future, but only in an “environment of trust” that will be built as the space centralises. Before that he compared digital assets with the Wild West.

Earlier, on 9 March 2022, U.S. President Joe Biden signed an executive order coordinating federal agencies in regulating cryptocurrencies.

Earlier, Senators Cynthia Lummis and Kirsten Gillibrand revealed details of a proposed bill designed to provide legal clarity for cryptocurrencies.

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