37% of People in Favor to Legalize Bitcoin

Cryptocurrency markets have seen a tremendous drop in the recent past, and it still remains volatile. At the same time, no matter how risky the crypto market is, a recent survey suggests that people are ready to take this risk. 

A British newspaper recently conducted a survey, which found that 37% of people are in favor of giving crypto legal status in their country. That is, 37% want to see the digital currency declared as legal tender. Along with this, people also want to see the launch of their country's central bank digital currency (CBDC). 

It has been found in the survey that 37 percent of the people want the government there to launch financial products like CBDC. Popular British newspaper - The Economist has done this survey on 3 thousand people. 

All these people were taken from countries with developed economies which included the USA, the United Kingdom, France, South Korea, Australia, and Singapore. 

Along with this, there were some countries in which developing economy is seen such as Brazil, Turkey, Vietnam, South Africa, and the Philippines. The purpose of this survey was to know about the perception of the people of the crypto industry.