Romanians registered on cryptocurrency platforms are two to three times more numerous than the 178,000 investors recorded on the Bucharest Stock Exchange, says the President of the Financial Supervisory Authority (ASF), Alexandru Petrescu.
„There is no data with maximum accuracy, but there are estimative data that Romanians registered on cryptocurrency platforms are two to three times more numerous than the 178,000 investors recorded on the Bucharest Stock Exchange.
This phenomenon is also recorded in other countries.
I had discussions with my counterparts from France, the United Kingdom, and the number of those who are active - and by 'active' I mean those who trade once every 15 days or monthly, far exceeds the number of those who are active and trade on traditional stock exchange platforms," mentioned Petrescu at the Critical Infrastructure Protection Forum (CIP Forum), part of the Digital Innovation Summit Bucharest (DISB) 2024.
According to the General Director of the National Institute for Research and Development in Informatics - ICI Bucharest, Adrian Victor Vevera, there are several million accounts on cryptocurrency platforms.
"Many are accounts of those who have traded once or twice and stopped. There are also several million accounts of investors who have a business in this area. From 2014 until now, billions of dollars have been traded in this area," Vevera pointed out.
In his opinion, there is a great need for regulations in this market.