Survey: 40% of younger Americans trust crypto vs 9% of Baby Boomers

Younger and older generations in the United States show sharply contrasting levels of trust in cryptocurrency, Cointelegraph reported, citing a survey by OKX. The poll of 1,000 Americans found that 40% of Millennial and Gen Z respondents (ages 12-45) rated their trust in virtual asset platforms at seven or higher on a 10-point scale. In contrast, only 9% of Baby Boomers (late 50s to late 70s) gave a similar score. The survey also revealed divergent views on traditional finance. While 74% of Baby Boomers showed high trust in banks, 20% of the younger generations reported low trust in them. OKX analyzed that these results likely stem from different generational definitions of trust. The exchange suggested that Baby Boomers tend to link financial trust with institutional approval and regulatory oversight, whereas younger generations place greater value on verifiability and transparency.