The securities regulator in Canada’s Ontario province has raised concerns that public knowledge of cryptocurrency appears to be lacking, despite a growing interest in the nascent technology among local residents.
The Ontario Securities Commission (OSC) published the results of a survey on Thursday that asked over 2,500 Ontario residents aged 18 or older about their awareness and knowledge of cryptocurrency and initial coin offerings.
The research, which took place in March, found that five percent of Ontarians currently hold cryptocurrency assets such as bitcoin and ethereum.
Further, for respondents who currently hold cryptocurrency assets, the survey said around 15 percent of them answered the six questions correctly.
The survey is the OSC’s latest effort to gauge public knowledge of the cryptocurrency industry as the regulator beefs up efforts to monitor token sales targeting Ontarian residents.

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