Survey: Less than 20% of European banks and financial institutions provide encryption services

According to Cointelegraph, a recent survey shows that European banks and financial institutions may have seriously underestimated the demand for cryptocurrency services, with less than one-fifth of banks and financial institutions offering digital asset products. The survey studied 10,000 retail and commercial investors in 13 European countries, finding that over 40% of commercial investors already hold cryptocurrencies, with another 18% planning to invest in the near future. However, only 19% of surveyed financial institutions said their customers showed strong demand for crypto products - indicating a 30% gap between actual adoption rates and perceived interest among investors.