Only 37% of U.S. Crypto Owners Have Digital Wills

IconCryptoNewsTerminal Staff05 Jul, 2024

cryptonews.jpg

Only 37% of U.S. Crypto Owners Have Digital Wills

A recent survey by digital security firm All About Cookies found that only 37% of U.S. cryptocurrency holders have a digital will in place. This means they have made arrangements to share their wallet information in the event of their death so that their crypto assets can be passed on to their beneficiaries. The median amount of cryptocurrency these individuals hold is $8,000. The survey was conducted among 1,000 Americans. Experts have warned that not having a digital will can lead to problems for beneficiaries who may not be able to access the deceased's crypto assets. In some cases, this could mean that the assets are lost forever. If you own cryptocurrency, it is important to create a digital will to ensure that your assets are passed on to your beneficiaries according to your wishes. There are a number of online services that can help you create a digital will, or you can work with an attorney to create one.

Related News