PANews reported on April 16th that, according to Cointelegraph, a staff report released by the Danish Central Bank shows that only 4% of Danish citizens hold cryptocurrency, a figure that has remained unchanged since 2023. Among those who hold cryptocurrency, most have small holdings, with the majority reporting holdings of less than 10,000 Danish kroner (approximately $1,570 USD). Total national holdings are estimated to be between $317 million and $847 million USD.
In contrast, European countries such as Norway, Finland, and the UK all have cryptocurrency holding rates exceeding 10%. The Danish central bank noted that Danish banks have historically been cautious about crypto assets, previously mostly prohibiting customers from purchasing them through their banking platforms and often discouraging them from investing in crypto assets as high-risk investments. The report also mentioned that early asymmetric tax treatment was another factor affecting adoption rates. Cryptocurrency holdings are primarily concentrated among young and high-income groups, with a significant decline in holding rates among those over 60.

