The Bank of Canada has released a paper entitled ” Cryptoasset Ownership and Use in Canada: An Update for 2022″ which provides an insight on crypto asset ownership in Canada using data from two Bank of Canada surveys conducted in 2022.
The report shows that Bitcoin ownership declined from 13% in 2021 to 10% in 2022, and ownership of other crypto assets also fell. These drops occurred against a background of steep price declines and an increasingly tight regulatory atmosphere for crypto assets.