The three emerging markets of Indonesia, Malaysia and South Africa enjoyed varying levels of cryptocurrency ownership at 40%, 39% and 29% respectively. The respective levels of familiarity were 63%, 57% and 69%, according to the study. In contrast, the best-performing European market in the survey was the Netherlands where cryptocurrency ownership was at 27% while the level of cryptocurrency familiarity was at 39%.

In Germany, the level of cryptocurrency familiarity was 49% while cryptocurrency ownership was at 9%. France fared slightly better with the level of cryptocurrency familiarity being 37% while cryptocurrency ownership was at 19%. In Italy, the level of cryptocurrency familiarity was 50% while the percentage of people who owned cryptocurrencies was 14%.

Does this actually mean that Europeans are less aware or knowledgeable about cryptocurrency? Or knowledge is the reason why they are wary of getting into cryptocurrency?