The UK’s top financial regulator, the FCA, has published a regulatory roadmap that plans to release comprehensive cryptocurrency regulations by 2026.
Cryptocurrency ownership among investors in the United Kingdom is growing, prompting increasing regulatory attention from the country’s top financial watchdog.
Over 12% of adults in the UK now hold cryptocurrency with an average value of up to 1,842 British pounds ($2,318), according to a Nov. 26 announcement by the Financial Conduct Authority (FCA).
The 12% marks a significant increase from June 2023 when only 10% of the UK’s population held digital assets, according to a previous FCA survey.
