BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

France Embraces Cryptocurrency: Survey Reveals Crypto as Second Favored Investment Among French

by Dan K
Nov 14, 2023 - 4:00 pm
in Blockchain
Police officers stand guard at a Paris courthouse following arrests linked to high-profile crypto ransom cases.

France’s Crypto Craze: OECD Survey Unveils Investment Shift

Cryptocurrencies are the second most popular type of investment asset among the adult French population, according to a survey by the Organisation for Economic Co-operation and Development (OECD) published by France’s principal financial regulator, the Autorité des Marchés Financiers, on Nov. 13.

Cryptocurrency: A Close Second to Real Estate Funds

The survey shows a significant trend in investment preferences among the French. With 9.4% of the population holding crypto assets, it stands just below the most popular asset class, real estate funds, at 10.7%. The interest in digital assets extends to nonfungible tokens (NFTs), with 2.8% of respondents acknowledging their possession.

Emergence of New Investors Since COVID-19

A notable demographic change has been observed in the investment world. Post-COVID-19, a new category of investors has emerged, predominantly male (64%) and significantly younger, with an average age of 36 compared to 51 for traditional investors. This group shows a strong inclination towards cryptocurrencies, with 54% holding crypto assets.

Financial Literacy Among Young Investors

The survey’s authors pointed out a concerning trend: new individual investors, especially those aged 18–24, show a “relatively low level of financial knowledge.” They often lack an understanding of basic investment strategies, a gap that needs addressing in the rapidly evolving investment landscape.

France’s Digital Economy Ambitions

Aligning with its digital economy ambitions, France is taking significant steps to position itself as a leader in Europe. Recent developments include a substantial investment by telecommunications group Iliad into AI research and the establishment of the Institute of Crypto-Assets, setting the stage for France’s continued innovation in the digital space.

The findings of this survey, conducted among 1,056 respondents with additional in-depth interviews, reflect France’s evolving investment landscape and its increasing embrace of digital assets.

Tags: CryptoCryptoInvestmentFrance
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

Related Posts

Exterior view of the Czech National Bank building in Prague, symbolizing the institution’s financial strategies and innovation.

Bank of England Governor Says Stablecoins Could Reduce Reliance on Banks

October 1, 2025

Andrew Bailey says stablecoins could reduce UK reliance on commercial banks by separating money from credit, signaling a...

blockchain

Spacecoin Executes First Blockchain Transaction Through Space

October 1, 2025

Spacecoin has achieved the first-ever blockchain transaction through space using a nanosatellite, marking a milestone for decentralization and...

The headquarters of the Autorité des Marchés Financiers (AMF) Investor in Paris, France, the regulatory body warning investors against ByBit.

French Officials Pressured Telegram to Censor Moldova Election Posts: Durov

September 28, 2025

Pavel Durov revealed French intelligence pressured Telegram to censor Moldova election content in 2024, which he refused, citing...

Wall Street financial district with Bitcoin symbol representing institutional adoption

Bitcoin skepticism fades as nations gear up for adoption, says Samson Mow

September 28, 2025

Samson Mow predicts nation-states will move from skepticism to rapid Bitcoin adoption, fueling global FOMO and a rush...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service