Investors Seek Insurance and Security Over Regulation as Confidence Boosters for Crypto
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Investors prefer market-based security like insurance over regulation for crypto. Insurance was top confidence booster in 9-country survey.
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Improved cybersecurity was second most popular confidence booster. Ability to recover lost passwords/accounts third.
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Regulation only fourth most popular confidence booster, especially among younger investors.
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Volatility/risk top barrier to investment, especially for near retirement investors.
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Investors have low trust in crypto exchanges vs banks. Market confidence seen as more important than regulation.