Nickel Digital Survey Report: 90% of institutional respondents believe that the SEC's enforcement actions will benefit the development of the cryptocurrency industry

ChainCatcher message, according to a survey released by Nickel Digital on Tuesday, shows that 92% of institutional investors and wealth management firms believe that the SEC's "enforcement regulation" approach is the best path for the development of the crypto industry. Furthermore, about 90% of respondents believe that the SEC's recent actions against Coinbase and Binance will ultimately promote the development of the crypto industry positively.

This study was commissioned by Nickel Digital and conducted by the market research firm Pureprofile in July 2023, based on the opinions of 200 institutional investors and wealth managers from the United States, the United Kingdom, Germany, Singapore, Switzerland, Brazil, and the United Arab Emirates.