PROFILE AND FINANCIAL BEHAVIOUR OF CRYPTO ADOPTERS – EVIDENCE FROM MACEDONIAN POPULATION SURVEY

Main Article Content

Nikola Levkov Irena Bogoevska Gavrilova Milica Trajkovska

Abstract

Regulators and policymakers in many developing countries are facing challenges on how to create opportunities for the crypto industry to grow, but at the same time protect investors and consumers. This study aims to better understand the demographic and socio-economic characteristics of crypto adopters and their financial behavior. Our study advances the knowledge within an array of recent contributions to the token economy and covers the geographical and contextual research gaps through survey data from a developing country in South Eastern Europe. We use descriptive statistics and chi-square analysis and we find that Macedonian crypto-adopters are more men of younger age, employed, with higher education and living in their own apartments in an urban area, and are mainly passive investors. We compare the findings with studies from other countries to provide valuable insights for policymakers and regulators.

Article Details

How to Cite
Levkov, N., Gavrilova, I., & Trajkovska, M. (2022). PROFILE AND FINANCIAL BEHAVIOUR OF CRYPTO ADOPTERS – EVIDENCE FROM MACEDONIAN POPULATION SURVEY. The South East European Journal of Economics and Business, 17(2), 172-185. Retrieved from https://journal.efsa.unsa.ba/index.php/see/article/view/1980
Section
Scientific and Professional papers: Economics and Business
Author Biographies

Nikola Levkov, Ss. Cyril and Methodius University in Skopje Faculty of Economics – Skopje

Associate Professor
Ss. Cyril and Methodius University in Skopje Faculty of Economics – Skopje
Skopje, Republic of North Macedonia
Bul. Goce Delchev 9V, Skopje, 1000 Republic of North Macedonia
E-mail: nikolal@eccf.ukim.edu.mk
ORCID: 0000-0003-0210-4746

Irena Bogoevska Gavrilova, Ss. Cyril and Methodius University in Skopje Faculty of Economics – Skopje

Research and teaching assistant
Ss. Cyril and Methodius University in Skopje Faculty of Economics – Skopje
Skopje, Republic of North Macedonia
E-mail: irena.bogoevska.gavrilova@eccf.ukim.edu.mk ORCID: 0000-0002-1740-0954

Milica Trajkovska

Alumna of the Ss. Cyril and Methodius University in Skopje
Faculty of Economics – Skopje
Skopje, Republic of North Macedonia

E-mail: milicatrajkovska97@gmail.com