Only 4% of Danes Hold Crypto, Below European Peers Like Norway and Finland, Central Bank Study Shows

Gate News message, April 16 — Denmark's National Bank published a staff working paper revealing that only 4% of Danish citizens hold cryptocurrency, with no growth since 2023, significantly lower than European peers such as Norway, Finland, and the United Kingdom, where adoption rates exceed 10%.

The survey found that most crypto holders own assets below 10,000 Danish krone (DKK), with total holdings estimated between $317 million and $847 million. The report attributed limited adoption to the banking sector's long-standing cautious stance, tax considerations, and risk concerns. Cryptocurrency holders are predominantly concentrated among younger and higher-income demographics, with investment rather than payment being the primary use case.