FCA Report: Currently, 12% of UK adults own cryptocurrency

ChainCatcher reports that the UK's Financial Conduct Authority (FCA) has released a new study showing that currently 12% of UK adults own cryptocurrency, up from the previous survey result of 10%.

Based on a nationally representative study conducted with 2,199 UK adults, it is estimated that the number of cryptocurrency holders in the UK will increase from 5 million in 2022 to 7 million.

Only one-tenth of people said they did not do any research before buying cryptocurrencies, but 20% of respondents said "friends and family" were their main reason for buying cryptocurrencies.