Please Wait.....
Report
Europe Cryptocurrency Market, By Type (Ethereum, Tether, USD Coin, Bitcoin, Others), By End User (Trading, Retail & E-Commerce, Peer-to-Peer Payment, Remittance), By Country, Competition, Forecast & Opportunities, 2020-2030F
Market Report I 2025-04-25 I 132 Pages I TechSci Research
Market Overview
The Europe Cryptocurrency Market was valued at USD 10.24 billion in 2024 and is expected to reach USD 18.45 billion by 2030, expanding at a CAGR of 16.28%. The market is being shaped by evolving regulatory frameworks, institutional interest, and advancing blockchain technologies. A key catalyst is the implementation of the EU's Markets in Crypto-Assets (MiCA) regulation, offering legal clarity and enhancing investor confidence. Financial institutions are increasingly exploring crypto investment products and blockchain-based services. The rise of decentralized finance (DeFi) platforms, coupled with initiatives such as the digital euro, is fostering broader digital asset adoption. Retail investors are drawn to crypto as a hedge against inflation and economic instability, while innovations like layer-2 scaling solutions are improving transaction speed and cost-efficiency. Macroeconomic variables including interest rates, financial inclusion efforts, and geopolitical shifts continue to influence the regional crypto landscape, reinforcing Europe's growing role in the global digital asset economy.
Key Market Drivers
Rising Adoption of Bitcoin
Bitcoin continues to play a pivotal role in driving growth within the European cryptocurrency market. Institutional involvement is increasing, with leading financial entities offering Bitcoin-based investment vehicles such as ETFs and custodial solutions. As of 2022, the UK ranked among the top 20 countries globally in cryptocurrency adoption. Regulatory support through MiCA is creating a stable environment for both institutional and retail investors to engage with Bitcoin. Retail participation is expanding as individuals seek financial alternatives to mitigate inflation risks and economic uncertainty. Additionally, the integration of Bitcoin payment options by merchants and the adoption of the Bitcoin Lightning Network are enhancing scalability and transaction utility. The broader context of CBDC initiatives, financial inclusivity goals, and global geopolitical shifts is further elevating Bitcoin's position as a decentralized store of value across the region.
Key Market Challenges
Limited Public Awareness & Adoption
Despite regulatory progress and growing institutional interest, public awareness and mainstream adoption of cryptocurrencies in Europe remain limited. Many consumers still struggle to understand the mechanics, benefits, and risks associated with digital currencies. Concerns around price volatility, security, and potential misuse create apprehension. Additionally, the technical complexity of managing wallets, safeguarding private keys, and executing blockchain transactions serves as a barrier to entry for everyday users. Businesses often hesitate to accept cryptocurrencies due to integration challenges and regulatory ambiguities. Educational initiatives around crypto remain inconsistent across European countries, with some governments promoting innovation while others fall behind due to infrastructure or policy gaps. Moreover, ongoing concerns regarding scams and fraud further hinder public trust. Overcoming these obstacles will require unified awareness campaigns, user-friendly tools, and enhanced digital financial literacy to facilitate broader adoption across the European population.
Key Market Trends
Growing Adoption of Digital Currencies
Digital currencies are gaining momentum in Europe as regulatory developments, institutional engagement, and evolving consumer habits converge. The introduction of the MiCA framework has brought much-needed clarity, encouraging adoption among businesses and individuals alike. One of the most notable trends is the advancement of Central Bank Digital Currencies (CBDCs), with the European Central Bank's digital euro initiative aiming to improve cross-border payments, financial inclusion, and transaction efficiency. In parallel, private enterprises and fintechs are increasingly integrating crypto payment systems, stablecoins, and tokenized assets into their services. Merchants are gradually accepting digital currencies for routine transactions, expanding their reach among the general public. Economic concerns such as inflation and currency depreciation are also prompting more users to turn to cryptocurrencies like Bitcoin and stablecoins as alternative stores of value. As blockchain infrastructure matures and interoperability improves, the adoption of digital currencies across Europe is expected to accelerate in both retail and institutional segments.
Key Market Players
- EToro
- FinanceMalta
- Zengo Ltd
- Bitfury Holding B.V
- Ledger SAS
- Crypto.com
- Coinbase
- Bitkuber Investments Pvt. Ltd
- Bitcoin UK
- Payward, Inc.
Report Scope:
In this report, the Europe Cryptocurrency Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Europe Cryptocurrency Market, By Type:
o Ethereum
o Tether
o USD Coin
o Bitcoin
o Others
- Europe Cryptocurrency Market, By End User:
o Trading
o Retail & E-Commerce
o Peer-to-Peer Payment
o Remittance
- Europe Cryptocurrency Market, By Country:
France
United Kingdom
Italy
Germany
Spain
Netherlands
Belgium
Russia
Poland
Rest of Europe
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Europe Cryptocurrency Market.
Available Customizations:
Europe Cryptocurrency Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Introduction
1.1. Market Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Methodology Landscape
2.2. Objective of the Study
2.3. Baseline Methodology
2.4. Formulation of the Scope
2.5. Assumptions and Limitations
2.6. Sources of Research
2.7. Approach for the Market Study
2.8. Methodology Followed for Calculation of Market Size & Market Shares
2.9. Forecasting Methodology
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Country
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
4.1. Brand Awareness
4.2. Factor Influencing Purchase Decision
5. Europe Cryptocurrency Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Ethereum, Tether, USD Coin, Bitcoin, Others)
5.2.2. By End User (Trading, Retail & E-Commerce, Peer-to-Peer Payment, Remittance)
5.2.3. By Country
5.2.4. By Company (2024)
5.3. Market Map
6. France Cryptocurrency Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By End User
7. UK Cryptocurrency Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By End User
8. Italy Cryptocurrency Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By End User
9. Germany Cryptocurrency Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By End User
10. Spain Cryptocurrency Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By End User
11. Netherlands Cryptocurrency Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By End User
12. Belgium Cryptocurrency Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value
12.2. Market Share & Forecast
12.2.1. By Type
12.2.2. By End User
13. Russia Cryptocurrency Market Outlook
13.1. Market Size & Forecast
13.1.1. By Value
13.2. Market Share & Forecast
13.2.1. By Type
13.2.2. By End User
14. Poland Cryptocurrency Market Outlook
14.1. Market Size & Forecast
14.1.1. By Value
14.2. Market Share & Forecast
14.2.1. By Type
14.2.2. By End User
15. Market Dynamics
15.1. Drivers
15.2. Challenges
16. Market Trends & Developments
16.1. Merger & Acquisition (If Any)
16.2. Product Launches (If Any)
16.3. Recent Developments
17. Porters Five Forces Analysis
17.1. Competition in the Industry
17.2. Potential of New Entrants
17.3. Power of Suppliers
17.4. Power of Customers
17.5. Threat of Substitute Products
18. Competitive Landscape
18.1. Company Profiles
18.1.1. eToro
18.1.1.1. Business Overview
18.1.1.2. Company Snapshot
18.1.1.3. Products & Services
18.1.1.4. Financials (As Per Availability)
18.1.1.5. Key Market Focus & Geographical Presence
18.1.1.6. Recent Developments
18.1.1.7. Key Management Personnel
18.1.2. FinanceMalta
18.1.3. Zengo Ltd
18.1.4. Bitfury Holding B.V
18.1.5. Ledger SAS
18.1.6. Crypto.com
18.1.7. Coinbase
18.1.8. Bitkuber Investments Pvt. Ltd
18.1.9. Bitcoin UK
18.1.10. Payward, Inc.
19. Strategic Recommendations
20. About Us & Disclaimer
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security