Global Cryptocurrency Ownership Surges in 2024
Triple A, a fintech company that facilitates businesses in handling digital currency transactions and disbursements, has recently released a report entitled “The State of Global Cryptocurrency Ownership in 2024.”
This report provides a comprehensive analysis of the trends in cryptocurrency ownership worldwide and its increasing significance in the financial landscape. Eric Barbier, the founder and CEO of Triple-A, noted in the report’s foreword:
Today, 562 million people worldwide possess various forms of digital currencies, an increase from 420 million in 2023. This means that 6.8% of the global population are users and owners of digital currencies.
“Asia is leading this surge, with crypto ownership rising from 268.2 million to 326.8 million, a 21.8% increase. This growth highlights Asia’s significant role in shaping the digital currency landscape,” the report states.
“North America follows closely, with ownership climbing from 52.1 million to 72.2 million, a 38.6% increase.”
The report also indicates that cryptocurrency ownership in South America jumped from 25.5 million to 55.2 million, an increase of 116.5%. Europe also recorded substantial growth, with the numbers increasing from 30.7 million to 49.2 million, a 60.3% increase.
Meanwhile, Africa saw a modest increase from 40.1 million to 43.5 million, which is an 8.5% rise.
In Oceania, the interest in cryptocurrencies more than doubled, going from 1.4 million to 3.0 million, a 114.3% growth. The report concludes:
Overall, the global adoption of cryptocurrencies is on the rise, with significant growth observed across all continents.
This widespread increase underscores the expanding role of digital currencies in the global financial ecosystem.
Sources:
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