Cryptocurrencies, 14 million Italians have bought them or are interested

Despite the difficult year of cryptocurrencies, between bubbles and crashes of exchange platforms, blockchain projects of companies and public administrations do not slow down in the world. There is a +13% on 2021.

In Italy, interest in cryptocurrencies is increasing: more than 7 million have already purchased them and another 7 million say they are interested in doing so in the future.

hese are some results of a research by the Blockchain and Distributed Ledger Observatory of the School of Management of the Politecnico di Milano presented today.

According to the analysis, in 2022 globally, 278 blockchain projects were identified, 13% more than the previous year. In Italy, investments reached 42 million euros, up 50% on 2021. In 33% of cases they are related to the financial and insurance sector, in 23% to retail and fashion, the main novelty of 2022. The automotive and government sectors take 10% and 7% of the market, respectively.

Regarding Italians and cryptocurrencies, the most used method to get hold of these tools are the ech change of cryptocurrencies (40%), followed by ATMs of cryptocurrencies (19%) and wallet service.

52% of Italians have used indirect systems through traditional financial trading services and their banking app. The three most used exchange platforms are Coinbase, Crypto.com and Binance. Lower numbers, however, for NFTs, digital certificates: 9% of Italians declare to have purchased them and 14% intend to buy them in the future. Favorite ones are linked to digital artwork, avatars and collectible.

“2022 was marked by a remarkable development of blockchain platforms with particular attention to reducing energy consumption,” said Francesco Bruschi, Director of the Observatory.

Among the most interesting applications, the introduction by ‘classic’ platforms such as Instagram of tokens into their worlds and crypto-assets have become an alternative to the main tools of economic support for Ukraine”.

This news originally appeared on Ansa