Financial Conduct Authority research shows UK crypto ownership has declined even as Bitcoin prices surged. Adult participation fell from 12% in 2024 to 8% in the latest survey, equal to about 4.6 million people, although levels remain double those recorded in 2021.
A closer look suggests consolidation rather than collapse. Investors who stayed in the market are committing more capital, with higher-value portfolios becoming more common as retail activity gives way to institutional demand and Bitcoin ETF inflows.
Participants’ knowledge levels are improving. The regulator notes that active investors are more risk-aware and better informed, with ownership skewed towards men aged 18–34 from higher-income demographics and ethnic minority backgrounds.
Bitcoin retains the strongest recognition at 79%, while 57% of current investors hold BTC, a gradual year-on-year increase. Ether ownership stands at 43%, Dogecoin appears in 20% of portfolios, and awareness of newer altcoins remains limited, according to CoinMarketCap.
Stablecoin recognition has risen to 53%, reflecting broader discussion around payments and regulation.
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UK banks are blocking or delaying close to 40% of payments to cryptocurrency exchanges, sharply increasing customer friction and slowing market growth, according to a new industry report.
Around 80% of surveyed exchanges reported rising payment disruptions, while 70% described the banking environment as increasingly hostile, discouraging investment, hiring, and product launches in the UK.
The survey of major platforms, including Coinbase, Kraken, and Gemini, reveals widespread and opaque restrictions across bank transfers and card payments. One exchange reported nearly £1 billion in declined transactions last year, citing unclear rejection reasons despite FCA registration.
Several high-street and digital banks maintain outright blocks, while others impose strict transaction caps. The UK Cryptoasset Business Council warned that blanket debanking practices could breach existing regulations, including those on payment services, consumer protection, and competition.
The council urged the FCA and government to enforce a risk-based approach, expand data sharing, and remove unnecessary barriers as the UK finalises its long-term crypto framework.
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Russia is moving to integrate cryptocurrency into everyday finance as lawmakers prepare a bill to allow retail participation under clear limits. The draft would remove crypto from special regulation, signalling broader adoption for the public.
Under the proposed framework, non-qualified investors would be able to buy crypto up to 300,000 rubles, roughly $3,800. Officials emphasise that these limits aim to prevent excessive speculation while providing controlled exposure to digital assets.
The move marks a significant change after years of tight restrictions and cautious oversight from financial authorities.
The legislation is designed with international use in mind, allowing tokens issued in Russia to participate in foreign markets and supporting cross-border settlements. Policymakers aim to integrate crypto into the economy while protecting retail investors.
Regulators, including the Bank of Russia and the Finance Ministry, continue to stress the importance of risk management. Limits and risk checks will ensure retail crypto use remains secure.
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The Central Bank of Russia has introduced a detailed proposal aimed at bringing cryptocurrencies under a unified regulatory framework, marking a significant step towards formal legal recognition of digital assets.
Under the proposal, both qualified and non-qualified investors would be permitted to purchase cryptocurrencies. Investor status would be determined by factors such as education, professional background, income level, and asset holdings.
Non-qualified investors would be restricted to buying up to 300,000 roubles worth of crypto per year through authorised intermediaries.
Digital currencies and stablecoins would be classified as currency values under Russian law, yet their use as a means of payment for goods and services would remain prohibited. The framework maintains the state’s long-standing opposition to domestic crypto payments.
Russian residents would also gain the right to purchase and transfer crypto assets abroad, provided such transactions are reported to the Federal Tax Service. The central bank aims to finalise the legislative groundwork by 1 July 2026.
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The UK government has announced plans to bring cryptoassets firmly within the regulatory perimeter, aiming to support innovation while strengthening consumer protection and attracting long-term investment into the sector.
From 2027, cryptoasset firms will be regulated by the Financial Conduct Authority under rules similar to those governing traditional financial products, such as stocks and shares. The move is intended to provide legal clarity and increase confidence among consumers and businesses.
Ministers say that proportionate regulation will support innovation, ensure competitive markets, and strengthen the UK’s position as a global hub for digital assets. Enhanced oversight will boost transparency, aid sanctions enforcement, and help detect and tackle illicit activity.
The initiative forms part of a broader strategy to shape global crypto standards, including ongoing cooperation with the United States through the Transatlantic Taskforce, as the UK seeks to secure its role in the future of digital finance.
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Anatoly Aksakov, head of the State Duma Committee on the Financial Market, emphasised that all payments within Russia must be conducted in rubles, echoing the central bank’s long-standing stance against the use of cryptocurrencies in internal settlements.
At the same time, legislative proposals point to a more nuanced legal approach. A bill submitted by United Russia lawmaker Igor Antropenko seeks to recognise cryptocurrencies as marital property, classifying digital assets acquired during marriage as jointly owned in divorce proceedings.
The proposal reflects the growing adoption of cryptocurrency in Russia, where digital assets are increasingly used for investment and savings. It also aligns family law with broader regulatory shifts that permit the use of crypto in foreign trade under an experimental framework.
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Argentina may soon shift its digital-asset policy as the central bank considers rules allowing banks to offer crypto trading and custody services. The proposal marks a move towards integrating a market that has largely operated through exchanges and fintech platforms.
Industry sources say approval could arrive by April 2026 if the process stays on schedule.
Crypto usage in Argentina remains far above regional averages, driven by years of inflation and strict currency controls. Many households use digital assets as a store of value, and regulated banks could provide clearer safeguards and easier access for everyday users.
Regulators are still debating sensitive issues such as custody requirements, capital treatment and which tokens banks would be permitted to handle.
The conversation continues in the shadow of the Libra meme-coin scandal, which left thousands of Argentines with steep losses and highlighted the risks of politically amplified speculation.
Regulators are weighing custody, capital, and token rules while aiming to formalise the market without boosting volatility.
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Poland’s Sejm has upheld President Karol Nawrocki’s veto of the cryptoassets bill, blocking plans to place the digital asset market under the Financial Supervision Authority in line with EU MiCA rules. The attempt to override the veto failed to reach the required three-fifths majority.
Prime Minister Donald Tusk condemned the decision, warning that gaps in regulation leave parts of the cryptocurrency sector exposed to influence from Russian and Belarusian actors, organised crime groups and foreign intelligence networks.
He argued that the bill would have strengthened national security by giving authorities better tools to oversee risky segments of the market.
The president’s advisers defended the veto as protection against excessive, unclear regulation and accused the government of framing the vote as a false choice involving criminal groups.
President Nawrocki later disputed the government’s claims of foreign intelligence threats, saying no such warnings were raised during earlier consultations.
Tusk vowed to submit the bill again, insisting that swift regulation is essential to safeguard Poland’s financial system. He stated that further delays pose unnecessary risks and urged the opposition and the president to reconsider their stance.
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The United Kingdom has introduced a landmark legal change by formally recognising cryptocurrencies and stablecoins as personal property. The Property Act, which secured royal assent this week, establishes a clear statutory framework for digital ownership after years of fragmented court rulings.
Industry bodies hailed the development as a decisive boost for legal certainty. Groups such as Bitcoin Policy UK and CryptoUK stated that the new rules enhance protection, facilitate token recovery, and clarify uncertainty over ownership and inheritance.
Lawmakers followed guidance from the Law Commission, which urged the creation of a dedicated category for digital assets that did not fit traditional definitions of personal property.
Regulators view the shift as part of a broader effort to reinforce Britain’s ambitions as a digital finance hub.
Ministers are reviewing a possible ban on cryptocurrency donations to political parties. They are also assessing reforms to the taxation of decentralised finance, which could prevent users from triggering capital gains when using lending protocols or liquidity pools.
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A rising number of young, high-earning Americans are moving away from wealth advisers who fail to offer crypto access, signalling a sharp generational divide in portfolio expectations.
New survey results from Zerohash show that 35 percent of affluent investors aged 18 to 40 have already redirected funds to advisers who support digital-asset allocations, often shifting between $250,000 and $1 million.
Confidence in crypto has strengthened as major financial institutions accelerate adoption. Zerohash reported that more than four-fifths of surveyed investors feel more assured in the asset class thanks to involvement from BlackRock, Fidelity and Morgan Stanley.
Wealthier respondents proved the least patient. Half of those earning above $500,000 said they had already replaced advisers who lack crypto exposure, and 84 percent plan to expand their holdings over the coming year.
Demand now extends well beyond Bitcoin and Ethereum. Ninety-two percent want access to a wider range of digital assets, mirroring expanding interest in altcoin-based ETFs and staking products.
Asset managers are responding quickly, with 21Shares launching its Solana ETF in the US and BlackRock preparing a staked Ether product. The Solana category alone has attracted more than $420 million in inflows, underscoring the rising appetite for institutional-grade exposure.
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