The FCA’s Findings On Cryptocurrency Will Shock You
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Every year the Financial Conduct Authority, also known by the somewhat ominous, FCA, undertakes a lengthy study on the relationship between cryptocurrency and its consumers … the 2021 publishing’s discovered something that shook the cryptocurrency world …
The FCA, in the entitled ‘Research Note: Crypto asset Consumer Research 2021’, published a host of interesting facts and titbits around consumer behaviour when it came to crypto, blockchain and the like … that after deeper digging seemed to translate across all blockchain-based technologies. From cryptocurrency to NFTs.
Though you’ll be shocked why the likes of Bitcoin ($BTC), Ethereum ($ETH), Shiba Inu ($SHIB), Dogecoin ($DOGE), Terra ($LUNA) and HUH Token ($HUH) (to name a few), are quickly becoming the crowning jewel in a plethora of investment portfolios. As well as, garnering adoption from crypto consumers who simply want to be a part of the 13-year long love affair with blockchain technology.
Let’s take a look at some of the findings from the FCA’s research paper to truly understand why the crypto craze is here to stay and how it’s becoming more widely used by the likes of traditional banking giants like JPMorgan, or why tech giants are opening virtual stores in Decentraland just as Samsung are.
This is the Formula 1 pit-stop for all things crypto consumption…
Interestingly from 2019 to 2021, the most recent release of the FCA’s annual research, crypto is vastly becoming the preferred investment choice, as it appears that crypto lovers enjoy the thrill and the unpredictable predictability of the cryptocurrency market.
In fact, the FCA discovered that this was the number one reason for
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