@ 1.9 Million People Own Bitcoin & Cryptocurrencies In UK

These numbers are infinitesimal compared to what they’ll be in the near future:

About 1.9 Million People Now Own Bitcoin (BTC) and Other Crypto Assets in the UK, FCA Survey Reveals

A new study commissioned by the Financial Conduct Authority (FCA), the UK’s financial regulatory body, reveals that nearly two million people in the United Kingdom currently own cryptocurrencies.

The survey shows that 1.9 million people in the United Kingdom, or about 3.86% of the adult population, own Bitcoin (BTC) and other cryptocurrencies. The number of UK residents who held cryptocurrencies at some point in time rose to 2.6 million in 2020, up from 1.5 million last year.

Knowledge of the crypto industry has also improved as 73% of the population have now heard of crypto compared to just 42% in 2019.

“Technical knowledge appears high among most cryptocurrencies owners. Most consumers seem to understand the risks associated with the lack of protections, the high volatility of the product and have some understanding of the underlying technology.”

Full article here: https://dailyhodl.com/2020/07/01/about-1-9-million-people-now-own-bitcoin-btc-and-other-crypto-assets-in-the-uk-fca-survey-reveals/

Master Asked on July 1, 2020 in Cryptocurrency.
Add Comment