The Financial Conduct Authority (FCA), a financial regulatory body in the U.K., in its “Cryptoasset consumer research 2021” report, shows that approximately 2.3. million adult U.K. citizens held crypto in 2021, a 21% rise year-over-year. It seems natural that with rising interest and potential crypto mass adoption, HM Treasury would revisit its crypto regulations. This is especially true when considering that more and more private investment within the U.K. is located in crypto assets: Out of the 17.3 million adults who own some sort of investment product, 2.3 million are invested in crypto (according to the FCA’s “Financial Lives” survey).
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Source: Cryptocurrency - investing.com
