According to ChainCatcher, the board of directors of the International Organization of Securities Commissions (IOSCO) stated that retail investors' ownership of cryptocurrencies has increased significantly since 2020, and called for more education for investors in this area.
According to a report, 15 of the 24 jurisdictions surveyed reported retail investor ownership of 10% or more in cryptocurrencies last year, while six reported cryptocurrency ownership of 30% or more.
“This is a sharp increase from 2020, when half of responding jurisdictions estimated that only 1% to 5% or less of their investors owned cryptocurrencies,” IOSCO wrote. “Since 2020, the crypto-asset space has continued to evolve.”
It added: “Despite market volatility, which experienced a severe downturn during the ‘crypto winter’ of 2022, retail investors in both developed economies and emerging market jurisdictions continue to invest in crypto asset markets.”
