02 Sep Cryptocurrency Adoption Accelerates, Litecoin Creator Calls for End to Fiat
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The cryptocurrency market may have experienced a flat run over the course of 2018 thus far with Bitcoin prices failing to break through the $10,000 barrier since early March, but new research published by ING demonstrates that adoption rates are rising rapidly.
The ING International Survey on Mobile Banking: Cracking the code on cryptocurrency report, published in June 2018, surveyed 14,828 respondents across 15 different countries, assessing public sentiment regarding cryptocurrencies as a payment method, investing in cryptocurrencies, and their current participation in the cryptocurrency market.
The data captured by ING in the survey demonstrates a significant rise in cryptocurrency adoption — 66 percent of all respondents had heard of cryptocurrencies, with 35 percent agreeing that cryptocurrencies represent the future of online spending.
The cryptocurrency ownership rates demonstrated by the report, however, are arguably the most interesting result of the study — 9 percent of…
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