A survey by the Financial Conduct Authority revealed that 86% of the UK’s population (1.9 million people) owns digital assets. 3/4th of those who own cryptocurrencies hold under $1,229 in digital assets, according to the research. 15% of the survey respondents said that they held digital assets to “make money quickly.” The UK’s financial regulator, the Financial Conduct Authority (FCA), recently published its research on the growth of digital currencies in the country. According to the results, around 86% of the UK’s general adult population – approximately 1.9 million people – currently own cryptocurrencies. The FCA noted that nearly 3/4th of those who own cryptocurrencies hold under $1,229 in digital assets. The research also found that 6 million people hold or have held cryptocurrencies at some time. 27% of the survey respondents said they had never heard of cryptocurrencies. This marks a significant improvement from 58% in 2019. Of the cryptocurrency owners, about 92% correctly identified the definition of cryptocurrencies, and 89% correctly understood the lack of regulatory protection. 15% of respondents said they own digital assets to “make money quickly.” Discussing why they bought cryptocurrencies, 25% of the participants said they bought crypto as part of a wider investment portfolio. 47% of them noted that they purchased cryptocurrencies “as a gamble that could make or lose money.” Another 17% purchased digital assets as part of their long-term savings plan. Interestingly, another 17% bought cryptocurrencies because of their lack of trust in the current financial system. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EU’s Michel to present long-term EU budget negotiating box to govts in second half of next week – Politico FX Street 3 years A survey by the Financial Conduct Authority revealed that 86% of the UK’s population (1.9 million people) owns digital assets. 3/4th of those who own cryptocurrencies hold under $1,229 in digital assets, according to the research. 15% of the survey respondents said that they held digital assets to “make money quickly.” The UK’s financial regulator, the Financial Conduct Authority (FCA), recently published its research on the growth of digital currencies in the country. According to the results, around 86% of the UK's general adult population – approximately 1.9 million people – currently own cryptocurrencies. The FCA noted that nearly 3/4th… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.