FCA warns on UK crypto use increase despite gaps in understanding

2.3 million adults hold cryptoassets

Anna Fedorova
clock • 2 min read
Crypto use increases in UK
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Crypto use increases in UK

The number of adults in the UK who own cryptoassets has increased this year, even as the level of overall understanding of the asset class has dropped, according to research from the Financial Conduct Authority (FCA).

According to the consumer research, an estimated 2.3 million adults now hold cryptoassets, up from 1.9 million last year. Some 78% of adults have now heard of crypto, up from 73% a year ago. One of...

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