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Homepage > News > Business > Americans fear crypto risks; CFPB takes crypto’s side Americans remain deeply apprehensive of the risks surrounding digital assets, while federal agencies continue to loosen their control over the technology. Last week, Gallup issued a survey conducted in June, indicating that 14% of respondents owned some form of cryptocurrency. While this is a higher figure than previous surveys, further near-term growth could be limited. Only 4% of respondents said they would “probably buy” crypto in the near future, while 17% said they were “intrigued, but won’t be buying soon,” and 60% said they were “not interested in ever buying.” The bulk of crypto owners are men aged 18-49, who reported 25% ownership. That figure falls to 12% among men over 50. Women were far less likely to be owners, with only 8% of those aged 18-49 owning crypto. Slightly more women (9%) in the 50+ age demo reported owning crypto, possibly because women live longer than men and their crypto-owning husbands snuffed it, so now it’s theirs. Despite the sector’s refrain of offering ‘financial inclusion’ to Americans lower down the socio-economic ladder, owners with household income above $90,000 were far more likely (19%) to own crypto than those with income under $48,000 (9%). Crypto’s reputation for risk is well recognized even among its biggest fans. A majority (55%) of 18-49 men consider cryptocurrency “very risky,” a view that rises to 63% among those with a household income over $90,000. Even among confirmed investors, the view of crypto as very risky is a solid 64%, four points higher than Gallup’s 2021 survey. There’s a distinct partisan divide in how crypto’s risks are viewed, with 45% of Republicans finding it very risky, compared with 54% of independents and 66% of Democrats. Only 4% of respondents cited crypto as the…

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Filed under: News - @ July 30, 2025 11:28 am