Crypto Wallet Is Consumer Xmas Favorite In Nevada, Research Shows
Recent analysis shows that the Ledger Nano crypto hardware wallet was the most popular online purchase in Nevada over the 2017 holiday season, according to price protection app Earny’s research, published March 19.
Earny’s sample of 100 mln online purchases nationwide between Nov. 2017 and Feb. 2018 showed that Nevadans favored the Ledger Nano S, one of the industry leaders in hardware wallets for the crypto space, alongside Trezor and Keepkey.
Hardware wallets securely store the private keys of users’ crypto assets offline, as opposed to online storage systems, thus protecting against cyber vulnerabilities.
Nevadans’ crypto savviness distinguished them from other states’ festive whims, such as Indian Healing Clay, which topped Connecticut, and an Electronic Duck Hunting Game in Kansas.
Earny’s published data did exclude smart home devices and detergents, consistently the most popular holiday items in every state.
Nevada’s tax- and crypto-friendly policies include a 2017 ban on local Blockchain taxes and recognition for smart contracts and digital signatures.
How far the wider US crypto user base is gaining traction has been subject to recent debate, as Cointelegraph reported March 28.
Meanwhile, impetus for regulation on a federal and state level gathers pace. Washington’s recent SEC and CFTC hearings were devoted to crypto-regulation, covering virtual currencies, ICOs and blockchain.