THELOGICALINDIAN - A abstraction by theOntario Securities Commission reveals that over bisected a actor bodies 5 percent of Ontario association currently own cryptocurrencies The address additionally showshow they advance how abounding endemic crypto in the accomplished but not anymore and capacity of those advance in tokens
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5% of Ontarians Have Crypto
The Ontario Securities Commission (OSC) published a abstraction aftermost anniversary advantaged “Taking Caution: Financial Consumers and the Cryptoasset Sector.” The address describes:
More specifically, the Canadian Department of Statistics currently shows an appraisal of 14,374,084 citizens in the province. This equates to 718,704 Ontarians anon captivation some blazon of cryptoassets.
Furthermore, bisected of cryptoasset owners absorb beneath than $1,000 on their cryptocurrencies, with 90 percent spending beneath $10,000. Meanwhile, about 50,000 Ontarians absorb added than $10,000.
This abstraction is based on accomplishments analysis by the OSC Investor Office as able-bodied as a analysis of over 2,667 Ontarians age-old 18 and older, agitated out amid March 14 and 22. 
The analysis includes “an oversample of 1,506 men age-old 18-34,” because of “its college accepted propensity, based on above-mentioned research, to own cryptoassets compared to the blow of the public.”
According to the report, “Men age-old 18-34 were essentially added acceptable to address owning a cryptoasset than the accepted public, with 14 percent advertisement that they currently own a cryptoasset.”
The analysis sample was again “weighted bottomward to n=1,000 by age, gender and arena application the latest Statistics Canada Census abstracts to reflect the absolute demographic agreement of the developed citizenry residing in Ontario.”
While citation that alone a baby allotment of Ontarians own cryptoassets, the OSC wrote:
1.5% Ontarians Have Participated in ICOs
The address additionally capacity how Ontarians participate in ICOs. Half of accomplished and present cryptoasset owners said that they believe ICOs are not accountable to adjustment or do not apperceive who adapt them. “This acceptance is incorrect,” the Commission clarified. “The OSC regulates ICOs that aggregate balance offerings.”
Most respondents appear accepting acquired their advice about ICOs through amusing media, accompany and family, as able-bodied as online ads and email. According to the report:
What do you anticipate of the OSC’s research? Let us apperceive in the comments area below.
Images address of Shutterstock and the OSC.
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