Canadian Crypto Ownership Surges as Awareness Grows

The Ontario Securities Commission (OSC) has released a survey showing growing awareness and ownership of crypto assets among Canadians. The survey, which polled 2,360 Canadians, found that 59% are aware of crypto assets, with 25% owning some form of them.

According to Naizam Kanji, Executive Vice President of Strategic Regulation at the OSC, 'Crypto markets continue to evolve, and Canadians are participating in them more than ever before.'

The survey also found that half of crypto owners now check if their trading platform is registered before using it, up from 38% in 2023. However, knowledge of crypto assets remains limited, with many investors misunderstanding regulation, insurance protections, and transaction capabilities.