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Cambridge University Study Identifies 101 Million Unique Crypto Asset Users Globally
Summary: There are 101 million cryptocurrency users worldwide, according to a recent study published by the University of Cambridge. Researchers conducted two surveys in March and May 2020 asking individuals from across the cryptocurrency space about mining, payments, custody and exchanges. Unsurprisingly, Bitcoin and Ethereum were the two top cryptocurrencies held. However service providers supporting Bitcoin ...
There are 101 million cryptocurrency users worldwide, according to a recent study published by the University of Cambridge.
Researchers conducted two surveys in March and May 2020 asking individuals from across the cryptocurrency space about mining, payments, custody and exchanges. Unsurprisingly, Bitcoin and Ethereum were the two top cryptocurrencies held.
However service providers supporting Bitcoin declined from 98% in 2017 to 90% in 2020. Coins like LTC, BHC and XRP are supported by at least 50% of 2020's crypto service providers.
The report also highlighted that the number of identity-verified crypto asset users has increased from 35 million in 2018 to 101 million unique crypto asset users in 2020. The increase could be attributed both to a rise in the number of accounts and a greater number of accounts being linked to individuals' identities.
By Emily Mason
Tags: Bitcoin,BTC,Crypto Assets,ETH,Ethereum,University of Cambridge
Link: Cambridge University Study Identifies 101 Million Unique Crypto Asset Users Globally [Copy]
