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Only 1 % Of Physical Stores Accept Crypto, ECB Survey Shows

Only 1 % Of Physical Stores Accept Crypto, ECB Survey Shows


20h05 ▪
6
min read ▪ by
Luc Jose A.

Summarize this article with:

Crypto aims to become a means of payment like any other. In the eurozone, it is still far from it. In a large survey conducted by the European Central Bank (ECB), it is noted that, even in the case of sector development followed by the entry into force of the MiCA regulation, crypto payments remain marginal at the merchant level. Consumers are still attached to traditional payment channels while businesses show reluctance to take the plunge. This gap persists between the ambitions of the crypto industry and actual usage….

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