{"id":125930,"date":"2025-03-27T12:21:37","date_gmt":"2025-03-27T12:21:37","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125930"},"modified":"2025-03-27T12:21:37","modified_gmt":"2025-03-27T12:21:37","slug":"most-eu-banks-fail-to-meet-rising-crypto-investor-demand-survey","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125930","title":{"rendered":"Most EU banks fail to meet rising crypto investor demand \u2014 Survey"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsEuropean banks and financial institutions may be significantly underestimating the demand for cryptocurrency services, with fewer than one in five offering digital asset products, according to a new survey by crypto investment platform Bitpanda.<br \/>\nThe study, which surveyed 10,000 retail and business investors across 13 European countries, found that more than 40% of business investors already hold cryptocurrencies, with another 18% planning to invest in the near future.<br \/>\nYet, only 19% of surveyed financial institutions said their clients showed strong demand for crypto products \u2014 suggesting a 30% gap between actual investor adoption and perceived interest.<br \/>\nCrypto investments of EU private investors by country. Source: BitpandaMoreover, only 19% of surveyed European financial institutions are offering crypto services, while over 80% of institutions acknowledge crypto\u2019s growing importance.<br \/>\nRelated: Michael Saylor\u2019s Strategy surpasses 500,000 Bitcoin with latest purchase<br \/>\nStill, some European banks are recognizing the growing demand for digital assets, with 18% of surveyed financial institutions planning to expand their crypto service offering, particularly offerings related to crypto transfers.<br \/>\n\u201cFinancial institutions in Europe know that crypto is here to stay, but most are still not offering services that match investor demand,\u201d according to Lukas Enzersdorfer-Konrad, deputy CEO of Bitpanda.<br \/>\nThe main barriers to adoption aren\u2019t external issues such as regulation but internal, like a \u201clack of resource or knowledge,\u201d he told Cointelegraph, adding:<br \/>\n\u201cThese can be overcome, and the challenge to financial institutions is clear: go and check your revenue outflows. You can see where customers are moving their money; you can see just how real the demand for crypto is.\u201d<br \/>\nPartner preferences of private investors regarding crypto investments. Source: BitpandaMore crypto products from banks may increase European crypto adoption, considering that 27% of the survey\u2019s respondents would prefer to invest in cryptocurrencies through a traditional bank, while only 14% would choose a crypto exchange.<br \/>\nIn comparison, 36% of business investors choose to invest through an exchange, while traditional banks were only the third most popular option with 27%.<br \/>\nRelated: Security concerns slow crypto payment adoption worldwide \u2014 Survey<br \/>\nFinancial institutions with no crypto integration risk losing revenue<br \/>\nBanks and financial institutions without cryptocurrency integrations risk losing significant revenue share from both businesses and retail investors, according to Enzersdorfer-Konrad.<br \/>\n\u201cFinancial institutions that delay integrating crypto services risk losing revenue to their competition or crypto native companies. With the EU\u2019s Markets in Crypto-Assets Regulation (MiCA) providing regulatory clarity, the time to act is now,\u201d he added.<br \/>\nCrypto sentiment among European financial institutions. Source: BitpandaMoreover, 28% of surveyed institutions said they expect crypto to become more relevant within the next three years.<br \/>\nMagazine: Ripple says SEC lawsuit \u2018over,\u2019 Trump at DAS, and more: Hodler\u2019s Digest, March 16 \u2013 22<a href=\"https:\/\/cointelegraph.com\/news\/european-banks-underestimate-crypto-demand?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsEuropean banks and financial institutions may be significantly underestimating the demand for cryptocurrency services, with fewer than one in five offering digital asset products, according to a new&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125930"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125930"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125930\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125930"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}