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The Economist: One in three respondents backs the legalisation of cryptocurrencies

The Economist: One in three respondents backs the legalisation of cryptocurrencies

Thirty-seven percent of respondents from developed and developing countries backed digital assets as a means of payment. The results were reported by researchers The Economist.

Forty-three percent of respondents were neutral on the issue, and 18% were opposed.

The study surveyed 3,000 people from the United States, the United Kingdom, France, South Korea, Australia, Singapore, Brazil, Turkey, Vietnam, South Africa and the Philippines.

Thirty-seven percent of respondents backed the issuance of CBDC, while 19% were opposed.

Respondents showed greater enthusiasm for the NFT question. Sixty percent reported interest in transactions involving such tokens, and only 7% said they were not interested. Regarding DeFi, analysts reported 34% positive and 17% negative responses.

Thirteen percent admitted they use cryptocurrencies for payments, 18% expressed confidence that cash will effectively disappear from circulation in their country. The Economist attributed this to the impact of the COVID-19 pandemic.

In the United States, 68% of cryptocurrency investors made their first transaction in 2021, according to Huobi analysts.

Earlier, Binance CEO Changpeng Zhao predicted explosive growth in the adoption of digital assets in 2022.

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