The U.K.’s Financial Conduct Authority (FCA) published two reports on consumer attitudes and awareness to crypto assets in the country. The research includes qualitative interviews and a national survey of 2,132 British consumers.
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3% of Brits Report Buying Crypto Assets
The number of consumers who reported buying cryptocurrencies in the national survey stood at just 51. From this, the FCA estimates that only 3 percent of Brits have ever bought crypto assets. Of those who reported buying crypto, around half spent under £200 ($263) and a large majority of those said they had financed the purchase with their disposable income and not with borrowed money. 50 percent reported to have spent their money on BTC, 34 percent chose ETH, and 20 percent invested in BCH, LTC and XRP.
These findings could indicate under-reporting by cryptocurrency owners, some of whom may wish to keep their investments private, but the figure seems to have…