Published on July 17th, 2018 | by bitcoin0
Nearly 4 in 10 South Africans Wish They Had Invested in Cryptocurrency Says Study
Pan-African financial services company Old Mutual Limited has released an annual Savings and Investment Monitor survey for South Africa, which polled respondents on awareness of and attitude toward cryptocurrencies in the country.
In terms of overall awareness, 40 percent of respondents answered that they were aware to varying degrees, while 60 percent said they were not aware of cryptocurrencies.
In the U.S., 57 percent of respondents have heard of cryptocurrency.
In May, South African Police were pursuing an alleged cryptocurrency investment fraud with over 28,000 investors suffering losses exceeding 1 billion rand ($80.4 million).
Some of the investors got paid in terms of the agreement.