France Experiences a Sudden Surge in Cryptocurrency Interest as One-Third of Its Population

France experiences a sudden surge in cryptocurrency interest as one-third of its population now intend to purchase digital coins by 2025

A new report by the Association for the Development of Digital Assets (Adan) has found that 33% of French users intend to buy crypto assets by 2025.

The research, which was conducted in partnership with Deloitte and Ipsos, also found that only 10% of French individuals own crypto assets. This places France behind several other European nations, such as the United Kingdom (19%), the Netherlands (17%), and Belgium (17%), in terms of real-world adoption rates.

However, despite the low adoption rates, the French are interested in crypto. The report found that 37% of Italians stated interest in acquiring Bitcoin in 2012.

The report also found that the crypto sector’s growing legitimacy is attracting new investors. According to the research findings, mainstream financial platforms like Revolut have become major gateways to cryptocurrency ownership. The neobank now serves as the second-largest acquisition platform, used by 24% of crypto users.

“Companies in the sector are demonstrating sound ambitions and high resilience, despite ongoing challenges related to financing and access to banking services,” added Laurent Ovion, president of Adan. This indicates that the sector is still expanding despite challenges experienced in the traditional financial markets.

The French economic newspaper Les Echos highlighted the results, stating: “While the percentage of French people who own cryptocurrencies is decreasing slightly, almost one third of French people would be willing to purchase Bitcoin. Cryptocurrencies have never been so popular with the French.”

The report can be viewed in full on the Adan website or downloaded via the association’s LinkedIn page.