Retail interest in crypto remains strong despite the tumult of 2022 Bitcoin BTC crypto
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The survey included 16,000 customers in 13 countries across Asia, Europe, Latin America and North America in August and September 2022. Adoption is especially high among consumers in the Asia-Pacific region who use digital wallets for small purchases at a higher rate than in other regions. Digital wallets are acting more as a bridge to the world of crypto, as 75% of them are linked to a credit or debit card and use traditional card rails.
Regarding the use of central bank digital currencies , the report suggested that “a lack of standardization and the complexity of harmonizing regulations across jurisdictions may impede the usage of CBDCs for cross-border transactions.”
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