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7 Million UK Adults Now Own Crypto: Financial Conduct Authority Decrypt 26 nov 2024

7 Million UK Adults Now Own Crypto: Financial Conduct Authority 🇬🇧

The Financial Conduct Authority (FCA) of the United Kingdom has released research indicating that cryptocurrency ownership among UK adults has increased. The percentage of people owning crypto assets has risen from 10% to 12%, equating to approximately 7 million individuals.

This surge in crypto ownership comes amid the FCA's ongoing efforts to introduce regulations to govern the cryptocurrency sector. The regulatory body's plans aim to ensure that the crypto market operates within legal frameworks, protecting investors and maintaining financial stability.

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