TechFlow news, according to Cointelegraph, the Board of the International Organization of Securities Commissions (IOSCO) stated that retail investor holdings in cryptocurrencies have significantly increased since 2020, calling for enhanced investor education.
A report shows that among the 24 jurisdictions surveyed, 15 reported last year that 10% or more of retail investors held cryptocurrencies, with six jurisdictions reporting holding rates reaching 30% or higher.
IOSCO said: "This growth is quite significant compared to 2020, when about half of the responding jurisdictions estimated only 1% to 5% or fewer investors held cryptocurrencies. The crypto asset sector has continued evolving since 2020." IOSCO added, "Despite market volatility, particularly the severe downturn during the 'crypto winter' of 2022, retail investors in both advanced economies and emerging markets continue investing in crypto asset markets."
