Crypto literacy at ‘dangerously low’ levels, new report warns

The crypto community’s financial literacy rate is estimated at 25%, lagging the financial literacy average in the United States by half, according to a new report.

As Bitcoin trades near new highs, the level of financial literacy in the cryptocurrency community still leaves much to be desired, according to a new report.

The crypto community’s financial literacy rate is estimated at 25%, lagging well behind the financial literacy average in the United States by half, according to a new study by the crypto gaming startup PiP World.

Released on Nov. 26, the report analyzed a survey of 12,045 anonymous responses from crypto market participants submitted from March 2022 to October 2024 through the platform Coinfessions.

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