A report from the Danish central bank states that only 4% of citizens hold cryptocurrency, far lower than in other European countries.
CoinFeed reported on April 16th, citing Cointelegraph, that a staff report released by the Danish Central Bank shows that only 4% of Danish citizens hold cryptocurrency, a figure unchanged since 2023. Among those holding cryptocurrency, most have small holdings, with the majority reporting less than 10,000 Danish kroner (approximately $1,570), and total national holdings estimated between $317 million and $847 million. 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 banking platforms and often discouraging them as high-risk investments. The report also mentioned that early asymmetric tax treatment was another factor affecting adoption rates.