Report: American consumers’ interest in cryptocurrencies is growing, and the democratization of cryptocurrencies will be further promoted in the next 2-3 years

Odaily Odaily News: Deutsche Bank said in a report on Wednesday that U.S. consumers' interest in cryptocurrencies is heating up, with less than 1% considering it a "flash in the pan," a sharp drop from previous years. Slightly more than half of those surveyed believe that cryptocurrency is an important asset class and payment method, and 65% said they believe it can replace cash. The bank surveyed more than 3,600 consumers in the United States, Britain and Europe in March and July. "We expect the democratization of cryptocurrency to advance further in the next 2-3 years, driven by exchange-traded funds (ETFs), Federal Reserve policies and regulation," wrote analysts Marion Laboure and Sai Ravindran. (Coindesk)