Deutsche Bank Survey: Trump’s Policies Boost U.S. Cryptocurrency Adoption

According to a report by Jinse Finance, a survey conducted by Deutsche Bank in June revealed that American consumers are the largest user group of cryptocurrencies, predominantly consisting of men and young, affluent individuals. Last month, the cryptocurrency adoption rate in the United States reached 17%, surpassing the United Kingdom’s 11% and the European Union’s 10%. Among young Americans aged 18-34, the adoption rate rose from 24% in January to 29% in June, mainly due to market optimism regarding Trump’s pro-cryptocurrency policy prospects. Among U.S. respondents, affluent individuals accounted for 32% of cryptocurrency adopters. Additionally, 23% of American men reported using cryptocurrencies for payments or personal investment, compared to 13% of women. Male consumers generally believe they have a deeper understanding of cryptocurrencies than their female counterparts.