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UK Regulator Finds 2.3M Adults Now Hold Crypto
However, overall understanding of crypto is in decline, the FCA survey revealed.
Автор Ian Allison
U.K. regulator the Financial Conduct Authority estimates 2.3 million adults now hold cryptoassets, up from 1.9 million last year.
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As well as ownership of crypto, awareness has also grown, the FCA’s consumer research shows. Some 78% of adults have now heard of cryptoassets – the regulator’s preferred term – up from 73%.
In terms of the reputation, 38% of crypto users see it as a gamble, down from 47% last year, while increasing numbers see the assets as either a complement or an alternative to mainstream investments, the FCA said.
However, the overall level of understanding is declining. According to the FCA’s sample of 2,568 online respondents, only 71% correctly identified the definition of cryptocurrency from a list of statements.
“The research highlights increased interest in cryptoassets among U.K. customers,” FCA Executive Director Sheldon Mills said in a statement. “If consumers invest in these types of products, they should be prepared to lose all their money.”
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French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
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- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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