When it comes to determining the popularity of cryptocurrencies in Europe, it seems things are not looking all that great. For some reason, the continent has not seen much cryptocurrency-related activity, although things are not as dire as one might think. A new report by BitPanda confirms several countries note decent adoption rates in this regard, albeit there is still a very long way to go.
Switzerland Tops the Chart
Not too many users and enthusiasts will be surprised to learn that Bitcoin and other cryptocurrencies are gaining some traction in Switzerland. Unlike most other countries in Europe, Switzerland has some form of cryptocurrency regulation which seemingly allows the industry to thrive. Especially the Zug region has become of great interest in this regard, albeit it remains to be seen if similar activities will gain a foothold in other parts of the country.
As part of the BitPanda survey, it seems that 7% of internet users taking part in this questionnaire own or hold any cryptocurrency in this day and age….