March 11, 2019 BY Valentina Kirilova

FCA: 73% of UK consumers cannot define what cryptocurrency is

The UK’s Financial Conduct Authority (FCA) released two research reports focused on analyzing consumer attitudes towards cryptocurrencies such as Ethereum and Bitcoin. The research teams asked UK consumers to participate in qualitative interviews as well as in a nationwide survey. The qualitative research revealed that consumers could be potentially harmed by crypto assets since many…

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