UK Leads Crypto Adoption in Europe, Claims New Report

New research shows that the United Kingdom holds the highest rate of cryptocurrency ownership in Europe, exceeding 19% of its population. This is according to a report by ADAN, Ipsos, and Deloitte with support from Ripple. While France has seen a surge in crypto awareness, with over 90% of the population now aware, a substantial portion (nearly half) plan to invest in cryptocurrencies in the near future. The report offers insights into various factors driving crypto adoption, including the rise of the internet of value and digital identity, and recent regulatory changes. It also explores how banks and custody services are expected to adapt to increase cryptocurrency usage. The research underscores the growing role of the UK and Europe as a vital part of the expanding global digital economy.