Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Investors Want Crypto, But EU Banks Aren’t Listening—Survey Finds Major Gap

Share This Post

A recent survey by crypto investment platform Bitpanda has revealed a widening gap between investor interest in cryptocurrencies and the services currently offered by European financial institutions.

The study, which polled 10,000 retail and business investors across 13 European countries, indicates that investor appetite for digital assets continues to increase while institutional offerings remain limited.

Institutional Hesitancy Versus Market Opportunity

According to the findings, more than 40% of business investors surveyed already hold digital currency assets, with an additional 18% planning to invest soon.

However, just 19% of financial institutions currently provide digital asset products. This represents a significant 30% mismatch between actual digital currency engagement among clients and the perception of demand among banks.

While over 80% of surveyed banks acknowledge the importance of digital currency in the future financial ecosystem, most are still hesitant to implement corresponding services.

Only 19% of these institutions currently offer crypto-related services, and 18% are considering expansion, particularly in areas like digital currency transfers.

Bitpanda’s deputy CEO, Lukas Enzersdorfer-Konrad, emphasized that the key obstacles are not regulatory hurdles but internal challenges such as lack of resources and knowledge. He noted that banks can already observe revenue outflows as customers move to alternative platforms.

Data shows that 36% of business investors prefer exchanges for crypto investments, whereas only 27% would opt for a traditional bank. Among retail investors, 27% expressed a preference for banks over exchanges, suggesting that broader banking integration could boost adoption.

Regulatory Clarity and Competitive Pressure

With the European Union’s Markets in Crypto-Assets Regulation (MiCA) providing a regulatory framework for digital assets, Bitpanda believes the conditions are favorable for banks to expand their offerings. Bitget noted in the report:

Until very recently, regulatory framework conditions across European countries varied in terms of regulatory approaches, licensing requirements, and attitudes towards cryptocurrency and blockchain by regulators. These factors have a direct impact on the establishment of blockchain and Web3 companies and consequently on the percentage of the population investing in crypto and should therefore be considered by financial institutions when establishing a crypto service or expanding an existing business into these countries.

Delayed integration, according to Enzersdorfer-Konrad, could result in lost revenue to crypto-native firms and more agile competitors. Furthermore, 28% of surveyed financial institutions believe that digital currency will become more significant in the next three years.

As demand grows and clarity improves, the survey highlights a call to action for traditional banks: reassess current strategies and adapt to the evolving preferences of modern investors.

The global crypto market cap value on TradingView

Featured image created with DALL-E, Chart from TradingView

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Elon Musk ชี้แจง Dogecoin ไม่ได้เป็นส่วนหนึ่งของแผน D.O.G.E

ตามรายงานจาก Bitcoinist อีลอน มักส์ (Elon Musk) ได้ดับกระแสข่าวลือที่ว่าจะมีการใช้

Trump Threats Secondary Tariffs on Russian Oil if Peace Talks Go Under

President Trump floated the idea of these secondary tariffs during an interview with NBC, where he also remarked that he was “very angry” at Putin’s attitude towards the resolution

Where to Buy Influencer Pepe Before It Hits Major Exchanges!

The post Where to Buy Influencer Pepe Before It Hits Major Exchanges! appeared first on Coinpedia Fintech News A new meme coin that is gaining significant attention in the cryptocurrency market is

Bitcoin (BTC) Drops Toward Range Lows While Whales Accumulate a New Token Priced at $0.025

The post Bitcoin (BTC) Drops Toward Range Lows While Whales Accumulate a New Token Priced at $0025 appeared first on Coinpedia Fintech News While Bitcoin hovers near its recent range lows, a quiet

Dogecoin is Facing Rising Bearish Threat as It Drops Toward $0.16: Will Buyers Bounce Back?

The post Dogecoin is Facing Rising Bearish Threat as It Drops Toward $016: Will Buyers Bounce Back appeared first on Coinpedia Fintech News Dogecoin has experienced a significant decline in the past

ICB Labs Expands Global Presence with Strategic Partnerships, Staking Opportunities, and Upcoming DEX Launch

The post ICB Labs Expands Global Presence with Strategic Partnerships, Staking Opportunities, and Upcoming DEX Launch appeared first on Coinpedia Fintech News ICB Labs continues its global expansion,