Article preview: An estimated 2.3 million UK adults now hold cryptoassets. That’s up from 1.9 million last year, as the trend to speculate on price movements continues to grow. New research by the Financial Conduct Authority (FCA) has found that 78% of adults have now heard of cryptoassets, up from 73% last year. This new consumer research highlights changing attitudes towards cryptoassets, with 38% regarding them as a gamble. Last year, 47% of those who hold cryptoassets thought they were a gamble.
Cryptocurrency rises in popularity, as understanding declines
This 495-word blog post reports on new FCA consumer research into cryptocurrency popularity and understanding. Written on 18th June 2021.
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