FCA Research Note: Cryptoasset Consumer Research 2020

02/07/2020

On 30 June 2020, the FCA published a research note on cryptoasset consumers which forms part of the FCA’s work alongside the Government and the Bank of England (“BoE”) to understand market size, consumer profiles and attitudes towards cryptoassets[1]. The three institutions had previously, in October 2018, published a joint report as part of a UK Domestic Taskforce on Cryptoassets ( the “Taskforce”) which identified three major risks of harm associated with cryptoassets – risk to market integrity, financial crime risk and risks to consumers.