The Cryptic Nature of Black Consumer Cryptocurrency Ownership
Abstract: Owning cryptocurrency has become especially popular among Black consumers for reasons related to historical context as well as the forward-looking views of young consumers. While cryptocurrencies have the potential to meet Black consumers’ expectations, they also pose risks to privacy and financial security.
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Description: Full text
Provider: Federal Reserve Bank of Kansas City
Part of Series: Payments System Research Briefing
Publication Date: 2022-06-01
Issue: June 1, 2022