Swiss crypto adoption reaches 23%, double that of Germany.

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Swiss crypto adoption now stands at 23%, double that of Germany, according to a Bearingpoint survey. Blockchain adoption in the country is also ahead, with 37% of respondents viewing crypto as a viable investment. Forty-five percent see it as a future tool for trade or reserve currency, and 44% are open to CBDCs. Switzerland’s DLT Act has helped build a strong ecosystem, home to 1,749 blockchain and DLT firms. Germany aims to close the gap by leveraging traditional banks to expand crypto services.

According to BlockBeats, on August 3, a recent survey by Bearingpoint found that 23% of Swiss adults use cryptocurrency at least occasionally, significantly higher than 18% in Austria and 11% in Germany. Additionally, 37% of Swiss respondents believe cryptocurrency is worth investing in, 45% think it could serve as a currency for international trade or reserves in the future, and 44% are willing to use central bank digital currencies (CBDCs)—all proportions higher than those in Germany and Austria.


The report notes that since implementing the DLT Act in 2021, Switzerland has developed a mature cryptocurrency ecosystem, with Crypto Valley hosting 1,749 blockchain and DLT companies. Germany, meanwhile, plans to leverage traditional banking channels such as DZ Bank and Dekabank to promote crypto asset services, aiming to narrow the adoption gap with Switzerland.

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