German crypto adoption surges while UK lags, CoinShares analyst says

Cryptocurrency adoption in Germany is accelerating rapidly, driven mainly by family offices and asset managers, while the UK continues to lag in the crypto market amid a regulatory gap and delayed adoption, according to CoinShares researcher Luke Nolan. Nolan said crypto adoption in Germany is gaining momentum among family offices, wealth managers, individual advisers and younger people who have inherited wealth. By contrast, the UK market remains at a very early stage, with less than a year having passed since the Financial Conduct Authority lifted its ban on retail sales of crypto ETPs, or exchange-traded products.