Reading time: 2 minutes 
Nearly half of Czech citizens are planning to purchase cryptocurrencies in the future, reflecting growing interest in digital assets despite persistent concerns about financial and cyber risks, according to a new survey.
Czechia’s growing crypto boom
A March poll conducted by security company Eset found that 45 percent of respondents in the Czech Republic intend to buy cryptocurrencies in the future. More than a quarter—27 percent—either currently hold crypto or have done so in the past.
Recent developments underscore Czechia’s growing interest in crypto and digital assets. In January, Czechia National Bank governor Aleš Michl proposed using billions of euros from the country’s foreign reserves to invest in the Bitcoin cryptocurrency. The investment would make Czechia the first Western central bank to hold crypto assets in history.
Michl also noted that the increasing interest in cryptocurrencies was driven in part by political factors, citing a new digital asset stockpile working group in the U.S. under Trump’s presidency.
Additionally, according to data from Anycoin, the country’s largest cryptocurrency exchange, Czechs traded over CZK 10 billion worth of cryptocurrencies in 2024—more than double the rate of 2022 and 2023, according to Czech media. At the moment, every second crypto coin sold on Czech markets is Bitcoin.
Industry experts warn that the cryptocurrency market remains volatile and loosely regulated. “Investing in cryptocurrencies is not for everyone,” said Petr Lajsek, an analyst at Purple Trading. “Even in 2025, cryptocurrencies act like a digital wild west, where opportunity is mixed with danger and where clear rules of the game are missing.”
With increased popularity comes higher danger
The growing popularity of digital currencies has also made the sector a prime target for cybercriminals. Eset’s latest threat report shows that investment fraud surged by over 335 percent between June and November 2024, with the Czech Republic among the countries with the highest number of threat detections.
“Most often, people want to use cryptocurrencies in everyday life as an alternative to savings,” said Eset security analyst Ondřej Novotný in the company's press release. However, cyber risks remain a key deterrent. “A quarter of respondents cited excessive financial risk, complexity, and the fear of cyber fraud as reasons for not purchasing cryptocurrencies,” he added.
Cybercrime continues to rise in the Czech Republic, with internet-related offenses making up roughly 10.5 percent of all criminal activity, according to Czech Police data. “Perhaps surprisingly, investment-related attacks top the list—mainly fraudulent offers of high-yield investments, often tied to cryptocurrencies,” said Zuzana Pidrmanová, head of the Police Presidium’s prevention department, told Eset.
Security experts warn that many scams originate on social media and can escalate into voice phishing, or “vishing,” where attackers impersonate legitimate sources over the phone. Fraudsters also frequently use fake endorsements from celebrities or well-known companies to lure victims.
