The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information. Alarmingly, 10% of buyers admitted to making purchases without prior research. Despite the growth, the FCA warns that crypto remains largely unregulated in the UK, posing significant risks, including the potential for complete financial loss. To address these issues, the FCA has introduced a regulatory roadmap featuring consultations to promote transparency and public engagement in policymaking. Matthew Long, FCA director of payments and digital assets, emphasized the importance of fostering a competitive, trustworthy, and innovative crypto s
