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FCA publishes research on consumer attitudes to cryptoassets

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The FCA has published a survey and qualitative research they commissioned to examine UK consumer attitudes to cryptoassets.

Although the research revealed a prevailing lack of understanding about cryptoassets, it also indicated a very low level of take-up: only an estimated 3% of consumers have ever bought cryptoassets, and about have of those spent under £200.  This therefore indicates that, on the current basis of activity in the market, the magnitude of potential harms may not be as great as previously feared.

 

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