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Purpose

To review the findings of the Financial Conduct Authority's consumer research on cryptoassets.

Design/methodology/approach

Summarises the FCA's research and draws on other recent cryptoasset papers/announcements.

Findings

The research finds consumers do not understand crytpoassets well, and not many of them buy them; those that do see them as a fast track to wealth.

Practical implications

This research will further inform the approach the FCA eventually takes in clarifying the regulatory perimeter for cryptoassets.

Originality/value

Summary by experts in the field.

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