Retail investors increasingly buying crypto despite volatility: IOSCO
Crypto ownership among retail investors continues to increase despite market setbacks over the past four years.
Crypto ownership has significantly increased among retail investors since 2020, according to the Board of the International Organization of Securities Commissions (IOSCO), which called for more investor education about the space.
Fifteen out of 24 surveyed jurisdictions reported up to 10% or more of retail investors owned crypto last year, while six jurisdictions reported up to 30% or more crypto ownership, according to an Oct. 9 IOSCO report.
This is a steep increase from 2020, when half of the responding jurisdictions estimated that between 1% and 5% or less of investors owned crypto.
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Author: Martin Young