UK: 2.6 MILLION CITIZENS OWN CRYPTOCURRENCIES

On 5 July, the Crypto Potato website said that according to the FCA up to 2.6 million people in the UK, 3.86% of the general population, hold cryptocurrencies.  However, 75% of consumers who own cryptocurrencies hold under £1,000. Looking closer, it seems that 79% are male and 69% over 35, and that most holders appear to have the cryptocurrencies as a form of gambling.

https://cryptopotato.com/2-6-million-citizens-own-cryptocurrencies-uks-fca-reports/

The Research Notes from the FCA, dated 30 June, is available at –

https://www.fca.org.uk/publication/research/research-note-cryptoasset-consumer-research-2020.pdf

 

 

 

If you would like to say thanks by making a small contribution, in case I need to upgrade or replace my computers and other paraphernalia, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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