Still Early For Bitcoin: Most UK Consumers Can’t Define Cryptocurrency

A pair of surveys has found that over two thirds of British consumers do not even know what cryptocurrency is. Meanwhile, less than 2 percent have ever bought crypto for more than £200.
Unsurprisingly, as one of the centres of global finance, London leads the nation in self-proclaimed cryptocurrency understanding. However, actual use in either retail or investment remains low.
UK’s Cryptocurrency Use Remains Low
A pair of surveys conducted by the UK’s Financial Conduct Authorit