Nearly 3 in 4 U.K. Consumers Can’t Define 'Cryptocurrency' - FinTech Brief

Home
News
Regulatory
Featured Article

Written by FinTech News Brief Staff

House Financial Committee Looks To Overhaul FinCEN As It Questions Data Security
House Financial Services Committee chairman Patrick McHenry introduced a pair of bills aimed at improving transparency of the Financial Crimes Enforcement Network (FinCEN) as it expressed serious concerns about consumer data security and seeks to overhaul the Department of the Treasury bureau. Read more...
Popular Article

Written by FinTech News Brief Staff

SEC to Focus on Blockchain at 2019 Fintech Forum
The Securities and Exchange Commission announced the concept of digital assets and distributed ledger technology… Read more...

Written by FinTech News Brief Staff

Ripple CEO Points to Regulation As Key to Adoption
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to benefit from regulation and clarity.… Read more...
Most Recent

Dimon (Again) Knocks Crypto Space During Hearing On The Hill

Fintech Subcommittee Spars with Regulators Over Lack Of Innovation In Financial Services

Arizona Crypto scheme Involves Hundred, Maybe More: U.S. Attorney

Senator Introduce Crypto Sovereignty Legislation

Maine Treasurer Report: Abandoned Crypto Issue Growing

FTC Settles with Fintech Brigit After Making False Ad Allegations

Russian National Targeted By U.S. After Using Crypto to Help Launder Millions
Security
Featured Article

Written by FinTech News Brief

FinCEN Looks to Expand Data Sharing to Fight International Fintech Crime
The Financial Crimes Enforcement Network (FinCEN) is taking the first steps to launch an expansion of an international data sharing program aimed at combating money laundering and other financial crimes. Read more...
Popular Article

Written by FinTech News Brief Staff

Winklevoss Gemini Exchange First of Its Kind to Win Top Security Classification
The Winklevoss brothers' crypto custodian and exchange, Gemini, was awarded… Read more...

Written by FinTech News Brief Staff

McAfee Bolsters 'Ghost' Brand with New Data-service
Tech mogul John McAfee added to his “Ghost” network with… Read more...
Most Recent

BNPL Report ID’s Concerns Around Consumer Data, Debt Accumulation

FinCEN Looks to Expand Data Sharing to Fight International Fintech Crime

N. Korean Hackers Enjoy 'Banner Year' Of Crypto Crime: Report

Chinese Officials Fearful Crypto Mining Could Threaten Power Grid During Winter Season

Blockchain Hacks Drop Dramatically

Bitfinex Will Pay Handsomely to Ensure Recovery of Hacked BTC

McAfee Bolsters 'Ghost' Brand with New Data-service
Robo-Advisors
Latest Article

Written by FinTech News Brief

Younger U.S. Residents Seem More Interested in Generative AI As A Financial Tool: Marqeta
More than 50% of consumers under 50 said they would like Generative AI to assist them in managing their personal finances. So reports FinTech Magazine. Read more...

Written by Jacob Roberts

KASHOO REVAMPS PRODUCT
Online software vendor Kashoo is forming focus group to react to the new features in its software. The Vancouver, B.C.-based company wants feedback on the new features and focus group members may also participate in testing before a broader release this fall. Read more...
Popular Article

Written by Jacob Roberts

KASHOO REVAMPS PRODUCT
Online software vendor Kashoo is forming focus group to react… Read more...

Written by Jacob Roberts

NET@WORK ACQUIRES IMS
Net@Work has acquired Inventory Management Solutions, the New York-based reseller said… Read more...
Most Recent

BNPL Report ID’s Concerns Around Consumer Data, Debt Accumulation

FinCEN Looks to Expand Data Sharing to Fight International Fintech Crime

N. Korean Hackers Enjoy 'Banner Year' Of Crypto Crime: Report

Chinese Officials Fearful Crypto Mining Could Threaten Power Grid During Winter Season

Blockchain Hacks Drop Dramatically

Bitfinex Will Pay Handsomely to Ensure Recovery of Hacked BTC

McAfee Bolsters 'Ghost' Brand with New Data-service
Cryptocurrency
Featured Article

Written by FinTech News Brief Staff

President’s Working Group Targets Risks of Unregulated Adoption of Stablecoins
Secretary of the Treasury Janet Yellen warned stablecoins—digital currencies pegged to the value of fiat currency like the U.S. dollar—could introduce a number of challenges into the financial system if they are not properly regulated. Read more...
Popular Article

Written by FinTech News Brief

Google Planning Big Changes For Crypto Advertisers Beginning In January
Google is changing its cryptocurrency advertising policies and has encouraged advertisers to make themselves familiar… Read more...

Written by FinTech News Brief

BTC Spikes As Traditional Exchange Trading Prospect Grows
Bitcoin’s value is surging as it topped $35,000—a mark it has not hit since May… Read more...
Most Recent

Google Planning Big Changes For Crypto Advertisers Beginning In January

BTC Spikes As Traditional Exchange Trading Prospect Grows

Celo Migration To Ethereum Up In Air As Polygon Throws Hat In Ring

Retail Investors Driving Demand for Crypto Services: World Federation of Exchanges

COIN Shares Rally on Cboe Partnership Announcement

Gensler Continues Public Shaming of Crypto Space in New Video

Crypto Markets Creeping Up On Maturity Level of Traditional Equities: Research
Blockchain
Contracts
General
People
Subscribe!

Estimated reading time: 0 minutes, 20 seconds

Nearly 3 in 4 U.K. Consumers Can’t Define 'Cryptocurrency'

Saturday, Mar 09 2019

Cryptocurrency

Written by FinTech News Brief Staff

font size decrease font size increase font size
Print
Email

Nearly 3 in 4 U.K. Consumers Can’t Define 'Cryptocurrency'

A recent study found 73% of U.K. consumers are unaware of what “cryptocurrency” is and could not define what it is, the Financial Conduct Authority announced. So reports Coindesk.

Men aged 20 to 44 were the most likely to identify the digital currencies. Of those surveyed, only 3% had actually purchased cryptocurrency. For those who did purchase a cryptocurrency, Bitcoin was the most popular.

Read the full article from Coindesk.

Read 3159 times

Rate this item

1
2
3
4
5

(0 votes)

More in this category: « Buffett: Bitcoin Has 'No Unique Value' Crypto Insurance Industry Among New Protections for Investors »

Most Read

- Apr 27 2019
- Written by FinTech News Brief Staff
SEC to Focus on Blockchain at 2019 Fintech Forum
The Securities and Exchange Commission announced the concept of digital…
- Jan 16 2020
- Written by FinTech News Brief Staff
RBA Skeptical About Global Stablecoins, Libra
Representatives from the Reserve Bank of Australia said they are…
- Jan 09 2019
- Written by FinTech News Brief Staff
Ripple CEO Points to Regulation As Key to Adoption
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
- Sep 24 2020
- Written by FinTech News Brief Staff
Publicly Owned MicroStrategy Makes Unprecedented $425M Bitcoin Investment
MicroStrategy Inc. became the first public company to invest “the…

FTB

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.

Ok Decline