The International Organization of Securities Commissions (IOSCO) reported a significant rise in crypto ownership among retail investors since 2020. In a survey of 24 jurisdictions, 15 reported up to 10% or more retail investors owning crypto in 2021, with six jurisdictions reporting up to 30% ownership. This marks a substantial increase from 2020 when only 1-5% of investors owned crypto. Despite market volatility and challenges, retail investors, especially in advanced economies and emerging markets, continue to show interest in crypto assets. IOSCO highlighted concerns such as market volatility, lack of regulations, and scams, emphasizing the need for better investor protection and education. The report also noted that younger investors, particularly under 40 years old, are more likely to invest in crypto assets, driven by FOMO, speculation, and advice from peers and social media. Read more AI-generated news on: https://app.chaingpt.org/news