European Investors Would Switch Banks for Better Crypto Access

A recent survey of nearly 6,000 European investors found that over a third would switch banks if a competitor offered better cryptocurrency options. This indicates a growing trend of incorporating digital assets into financial decision-making.

The study, conducted by Börse Stuttgart Digital, discovered that 35% of respondents would change their primary bank for improved crypto access. Meanwhile, nearly one in five respondents expect their main bank to provide crypto services within three years.

However, adoption still faces challenges, with 76% of respondents citing insufficient regulation and over 60% feeling poorly informed about digital assets. The EU's Markets in Crypto-Assets Regulation (MiCA) appears to be addressing these concerns, with nearly half of surveyed investors saying it has made digital assets feel safer and more attractive.

Spain recorded the highest crypto ownership rate among the four countries surveyed, at 28%. Germany followed closely behind at 25%, while Italy and France trailed slightly behind at 24% and 23%, respectively. Across all respondents, 25% said they already own crypto, with 36% planning to invest again within five years.