Report: Compared to the United States, France, and Turkey, the UK has a relatively lower cryptocurrency sell-off rate

According to Crowdfund Insider, the Gemini 2024 Global Cryptocurrency Report shows that UK cryptocurrency holders remain "unaffected" by market pressures, with 93% of existing cryptocurrency holders likely to purchase cryptocurrencies in the next year. The proportion of UK holders owning cryptocurrencies remained stable at 18% in 2024, the same as two years ago. In addition, this year's cryptocurrency sell-off rate in the UK is relatively low, with only 15% of holders selling their cryptocurrencies in the past six months - a percentage lower than that of the US, France and Turkey. UK cryptocurrency holders have shown commitment to this asset class; 59% are willing to allocate at least 5% of their portfolio to cryptocurrencies - which is higher than global average by 2%. However, surveyed participants from Britain continue expressing concerns about a need for a more "clear" digital asset regulatory framework within their country; according to them, clearer government regulation would enhance trust – an opinion shared by almost half (49%) of respondents.