- More than half of Germans are expected to invest in cryptocurrencies over the next year, a new survey has revealed. The research, conducted by the GermanBorg association, found that 53% of Germans plan to invest in the space over the next year, with just over a third (34%) of those surveyed saying they were “extremely likely” to invest.
- The research comes on the heels of Germany becoming the first country in the world to regulate cryptocurrencies as securities, a move which many see as a positive sign for the industry.
- The majority of Germans are expected to invest in cryptocurrencies over the next year, a new report says. A survey of 2,000 people by the German branch of international law firm Dechert found that 47% of respondents said they would invest in digital currencies at some point.
Why are Germans Investing in crypto
It is a phenomenon that has been gaining notoriety in Germany, with Germany being the fifth biggest market for Initial Coin Offerings (ICEs). The crypto craze has been mainly driven by the fact that many Germans are fascinated by cryptocurrencies and the technology that the Blockchain offers.