TechFlow news: On April 16, according to Cointelegraph, Denmark’s central bank, Danmarks Nationalbank, published a staff paper stating that only 4% of Danish citizens hold cryptocurrency—a figure unchanged since 2023 and lower than that of other European countries such as Norway, Finland, and the UK, where adoption exceeds 10%. The survey found that most holders own less than 10,000 Danish kroner (DKK) worth of crypto, with total holdings estimated between $317 million and $847 million. The report attributes the limited adoption to the central bank’s long-standing cautious stance, tax considerations, and risk concerns. Crypto holders are predominantly young and high-income individuals, and cryptocurrency is used primarily for investment rather than payments.
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