12% of UK adults now own crypto, up from 10%, as the FCA develops a roadmap for crypto regulations emphasizing innovation and consumer trust.
Crypto Adoption Reaches New Highs
The Financial Conduct Authority (FCA) reports a rise in crypto ownership among UK adults, with 12%—approximately 7 million people—now holding digital assets. This marks a significant increase from 10% in 2022. The average value of crypto holdings has also grown, with 19% of investors now owning between £5,001 and £10,000, compared to just 6% previously.FCA’s Comprehensive Crypto Roadmap
This rise coincides with the FCA’s unveiling of a comprehensive roadmap to regulate the cryptocurrency sector. Plans include addressing market abuse, stablecoins, and staking while encouraging innovation. The FCA believes clear regulations will improve consumer trust and foster a competitive and sustainable crypto market.Industry Sees Positive Momentum
Industry leaders welcome the regulatory clarity. CryptoUK called the findings a "watershed moment" for the sector, emphasizing the mainstream acceptance of crypto. With final policies expected by 2026, the UK positions itself to compete with global peers like the EU, which is implementing its MiCA framework. The FCA’s proactive approach aims to build confidence among investors and set the stage for long-term growth in the UK’s crypto market.
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