A study by deVere Group found that 82% of wealthy customers would have considered investing in a digital asset like Bitcoin in 2022. shows a growing interest in 2018 was a tough year for cryptocurrencies, but 82% of wealthy customers would consider investing in digital assets like Bitcoin [BTC] in 2022, according to new research from financial advisory firm deVere Group.
According to a survey released on January 30, 8 out of 10 of the firm’s high net worth (HNW) clients with between $1.2 million and $6.1 million in investable assets had
According to Nigel Green, CEO and founder of deVere Group, research groups were “usually more conservative,” but interest in Bitcoin was “digital, global, borderless, decentralized.” type, tamper-proof” caused by its key feature. Interest in investing in cryptocurrencies is growing from billionaire investors, according to a study
What report says?
2019 survey from the company found that 68% of its global HNWIs have already invested in cryptocurrencies or plan to do so by the end of 2022. Additionally, his 2020 survey by deVere found that 73% of the 700 high-net-worth individuals surveyed already own or are considering investing in cryptocurrencies by the end of 2022. r
According to his June 2022 PwC analysis, about a third of the 89 traditional hedge funds surveyed had already invested in digital assets such as Bitcoin. The deVere CEO believes this interest could gain momentum once the 2022 “cryptocurrency winter” thaws due to changing conditions in the traditional financial system.
The U.S. Congress has been urged by four senior White House officials to “increase its efforts” to regulate the cryptocurrency industry. Congress should “enhance the powers of regulators to prevent the exploitation of client funds and limit conflicts of interest,” the official reportedly wrote in a letter to Congress.
Other recommendations in the statement to Congress include stricter standards of openness and transparency by cryptocurrency companies, higher penalties for violations of the Smuggling Funds Act, and closer coordination with foreign law enforcement partners.