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12/8/2021, 5:00 PM (Source: TeleTrader)
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Over 16% Americans dabbled in crypto - Coinbase CFO

Over 16% of United States citizens have "invested in, traded, or used cryptocurrencies" at one point, Coinbase Global, Inc. CFO Alesia Haas said on Wednesday.

During her testimony before the House Financial Services Committee, she suggested that the number of crypto holders, which amounts to "over 220 million," means that crypto has surpassed the "investment" stage in development and reached "the long-expected utility phase of the ecosystem."

"We believe that sound regulation is essential for fueling the crypto innovation and adoption," she admitted.

Baha Breaking the News (BBN) / BU