Crypto ownership in Canada has surged to 25%, more than doubling from just 10% in 2023, according to a recent survey by the Ontario Securities Commission (OSC). This sharp rise marks a significant milestone, reflecting growing confidence among Canadian investors as the regulatory landscape continues to develop.
The OSC's survey of 2,360 adults reveals that 38% of Canadians are considering buying crypto within the next year. 22% now seek advice from financial advisors before investing, a jump from 13% last year. Among those advised, nearly 39% received recommendations to invest in digital assets, signaling a shift in traditional wealth management attitudes toward cryptocurrencies.
Stablecoins are also gaining traction, with 11% of Canadians having used or held them in the past year. Half of the respondents confirmed they verify whether crypto platforms are registered before investing, underscoring the importance of regulatory oversight in building investor trust.
Canada’s crypto ecosystem is evolving rapidly, blending regulatory clarity with institutional involvement and increasing public interest. This maturation could position the country as a key player in the global digital asset market.
This content is for informational purposes and does not constitute financial advice.
