Crypto asset ownership in Canada surges to 25%, Ontario regulator finds
Research involving over 2,000 Canadian respondents conducted between late 2025 and early 2026 revealed growing recognition of cryptocurrency risks alongside a significant rise in digital asset ownership.
The proportion of Canadians holding cryptocurrencies has climbed to 25% in 2026, up substantially from 10% recorded in 2023, according to fresh statistics released by the Ontario Securities Commission (OSC).
Survey findings published by the OSC on Tuesday revealed that both ownership and familiarity with cryptocurrencies among Canadian residents have grown compared to levels observed several years earlier. The research, which gathered responses from 2,360 participants aged 18 years and older during the period spanning December 2025 through January 2026, discovered that 59% of those surveyed had knowledge of crypto assets while 25% reported owning them.
Crypto markets continue to evolve, and Canadians are participating in them more than ever before. By identifying emerging trends and behaviors with our research, we can look around corners, anticipate potential opportunities and risks, and ensure our regulatory approach supports investor protection while fostering fair and efficient markets.
Naizam Kanji, executive vice president of strategic regulation at the OSC
The survey data additionally indicated a growing consciousness regarding risks associated with cryptocurrency investment, although this awareness appeared to rest on a relatively narrow comprehension of the sector overall. Approximately 50% of individuals who own crypto reported verifying whether a trading platform held proper registration prior to utilizing its services, yet numerous investors "had some misunderstanding around regulation, insurance protections and transaction capabilities."
Legislative representatives in Ottawa have put forward multiple initiatives designed to regulate various applications of cryptocurrency throughout the nation. In April, the Federal government moved forward with legislation that would potentially prohibit political contributions made through crypto, while also proposing a ban on digital asset automated teller machines, referencing fraud-related concerns.