RATE Group | Bank of Canada Estimates 5% of Canadians Own Bitcoin
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Bank of Canada Estimates 5% of Canadians Own Bitcoin

26 Oct Bank of Canada Estimates 5% of Canadians Own Bitcoin

Posted at 02:54h in Bitcoin News by

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bitcoin canada

Data from the Bank of Canada and the Ontario Securities Commission has revealed that bitcoin adoption and general crypto awareness in Canada is growing steadily, with the percentage of Canadian poll respondents who own bitcoin rising from 2.9 percent in 2016 to 5 percent in 2017.

According to a recently released report by the Bank of Canada titled “Bitcoin Awareness and Usage in
Canada: An Update,” Canadians between the ages of 45 and 54 were the group that reported the largest growth in bitcoin ownership over the period, multiplying nearly four times from 0.9 percent in 2016 to 3.5 percent in 2017. Similarly, an OSC report shows that about 1 in 10 Ontarians either currently hold or used to hold cryptoassets.

Data Breakdown

The Bank of Canada report shows that the gender gap for bitcoin ownership widened considerably over the period in question, with female bitcoin owners in Canada remaining at 2 percent of the population, while the male bitcoin ownership figure nearly…

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