A new CoinCover study, The Trust Factor, reveals strong public backing for tighter oversight in the cryptocurrency industry. Surveying over 1,000 people—71% of whom currently hold or have held digital assets—the research debunks the myth that crypto investors broadly reject regulation. Fewer than 4% of respondents want the sector to remain entirely unregulated.
Key Findings on Fraud and Compensation
- 62% say crypto-related fraud levels are unacceptably high
- 79% support mandatory compensation schemes for losses caused by hacks or platform failures
- 53% want solutions to recover lost assets—like forgotten passwords
Appetite for Aligned Rules and Global Standards
- 67% would be more inclined to invest if crypto rules matched those for traditional assets
- 82% favor a unified global regulatory framework to ensure consistency across markets
Investor protection emerged as the top priority, with 81% identifying it as the main goal for future regulation—reflecting widespread concern over scams, exchange collapses, and systemic risks.
Expert Perspectives
Industry leaders contributed to the report, offering guidance on how regulation can evolve:
- Lucia Slater, Director at Web3 Policy Space
- Dima Kats, CEO of Clear Junction
- Andy van Susteren, VP Sales at Mangopay
- Anastasija Plotnikova, CEO & Co-founder of Fideum Group
- Eneko Knorr, Co-Founder & CEO of Stabolut
- David Janczewski, CEO of CoinCover
- Leïla Nassiri-Jamet, Fractional General Counsel
Next Steps for CoinCover
CoinCover plans to extend this research and engage with regulators, innovators, and consumers to deepen understanding of both the risks and opportunities in digital assets.
The full whitepaper is available for download at:
The Trust Factor Report
