London Daily

Focus on the big picture.
Thursday, Sep 18, 2025

Survey: 51% of UK Residents "Very Interested" In Cryptocurrency-Backed Loans

Survey: 51% of UK Residents "Very Interested" In Cryptocurrency-Backed Loans

According to a recent Coinbase survey, cryptocurrency-backed loans is a “very interesting” option for more than half of British residents.

51% of British adults said they are “very interested” in taking out a loan using digital asset holdings as a guarantee instead of traditional methods, a Coinbase research reveals. 39% of the participants said that they are willing to use cryptocurrencies to send and receive money in international transactions as well.

The British Keen to Adopt Crypto for Transactions
According to Coinbase conducted survey among thousands of British residents, the British have significantly increased their interest in using digital assets. Per the results, more than half of the respondents (51%) described the option of taking a crypto-backed loan as “very interesting.”

Marcus Hughes, the managing director of Coinbase Europe, commented on the results:

“We can see that the attitudes of British consumers towards cryptocurrency have transformed significantly in the last few years. With many now considering adopting cryptocurrency as an alternative method to execute traditional banking functions including transactions and loans.”

39% of Brits said they want to use virtual currencies to transfer money abroad and receive funds from relatives who do not reside in the United Kingdom.

Out of those who have already invested in the crypto market, 41% revealed that their main motivation to do so was to gain profits in the long term.

Hughes further mentioned that 1.3 million people of the UK adult population remain unbanked. According to him, cryptocurrencies can “remove barriers for users to access capital in a safe and secure manner.”

Crypto Increasing Popularity in The UK
According to another recent survey by the Financial Conduct Authority (FCA) of UK, 78% of residents of the island nation have heard of virtual currencies. Moreover, 2.3 million are hodlers which represents 4.4% of the population. The percentage from last year was 3.9%.

The British citizens also invested more in the digital asset market and pushed the median holding from £260 ($361) in 2020 to £300 ($417) this year. The research determined that most crypto investors are male, wealthy, over 35, and with excellent educational levels.

There is a significant drop in the number of people who consider the market as a gamble. Nearly half of the surveyed (47%) shared these thoughts in 2020, while 38% of the Brits opined so now.

Nonetheless, the overall understanding of digital assets among the UK population has declined. The FCA warned that this lack of basic knowledge could turn to be very risky:

“Some crypto users may not fully understand what they are buying.”

Source: Coinbase Survey: 51% of UK Residents "Very Interested" In Crypto-Backed Loans – Fintechs.fi

Newsletter

Related Articles

0:00
0:00
Close
US Tech Giants Pledge Billions to UK AI Infrastructure Following Starmer's Call
Saudi Arabia cracks down on music ‘lounges’ after conservative backlash
DeepMind and OpenAI Achieve Gold at ‘Coding Olympics’ in AI Milestone
SEC Allows Public Companies to Block Investors from Class-Action Lawsuits
Saudi Arabia Signs ‘Strategic Mutual Defence’ Pact with Pakistan, Marking First Arab State to Gain Indirect Access to Nuclear Strike Capabilities in the Region
Federal Reserve Cuts Rates by Quarter Point and Signals More to Come
Effective and Impressive Generation Z Protest: Images from the Riots in Nepal
European manufacturers against ban on polluting cars: "The industry may collapse"
Sam Altman sells the 'Wedding Estate' in Hawaii for 49 million dollars
Trump: Cancel quarterly company reports and settle for reporting once every six months
Turkish car manufacturer Togg Enters German Market with 5-Star Electric Sedan and SUV to Challenge European EV Brands
US Launches New Pilot Program to Accelerate eVTOL Air Taxi Deployment
Christian Brueckner Released from German Prison after Serving Unrelated Sentence
World’s Longest Direct Flight China Eastern to Launch 29-Hour Shanghai–Buenos Aires Direct Flight via Auckland in December
New OpenAI Study Finds Majority of ChatGPT Use Is Personal, Not Professional
Hong Kong Industry Group Calls for HK$20 Billion Support Fund to Ease Property Market Stress
Joe Biden’s Post-Presidency Speaking Fees Face Weak Demand amid Corporate Reluctance
Charlie Kirk's murder will break the left's hateful cancel tactics
Kash Patel erupts at ‘buffoon’ Sen. Adam Schiff over Russiagate: ‘You are the biggest fraud’
Homeland Security says Emmy speech ‘fanning the flames of hatred’ after Einbinder’s ‘F— ICE’ remark
Charlie Kirk’s Alleged Assassin Tyler Robinson Faces Death Penalty as Charges Formally Announced
Actor, director, environmentalist Robert Redford dies at 89
The conservative right spreads westward: a huge achievement for 'Alternative for Germany' in local elections
JD Vance Says There Is “No Unity” with Those Who Celebrate Charlie Kirk’s Killing, and he is right!
Trump sues the 'New York Times' for an astronomical sum of 15 billion dollars
Florida Hospital Welcomes Its Largest-Ever Baby: Annan, Nearly Fourteen Pounds at Birth
U.S. and Britain Poised to Finalize Over $10 Billion in High-Tech, Nuclear and Defense Deals During Trump State Visit
China Finds Nvidia Violated Antitrust Laws in Mellanox Deal, Deepens Trade Tensions with US
US Air Force Begins Modifications on Qatar-Donated Jet Amid Plans to Use It as Air Force One
Pope Leo Warns of Societal Crisis Over Mega-CEO Pay, Citing Tesla’s Proposed Trillion-Dollar Package
Poland Green-Lights NATO Deployment in Response to Major Russian Drone Incursion
Elon Musk Retakes Lead as World’s Richest After Brief Ellison Surge
U.S. and China Agree on Framework to Shift TikTok to American Ownership
London Daily Podcast: London Massive Pro Democracy Rally, Musk Support, UK Economic Data and Premier League Results Mark Eventful Weekend
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Le Pen Tightens the Pressure on Macron as France Edges Toward Political Breakdown
Musk calls for new UK government at huge pro-democracy rally in London, but Britons have been brainwashed to obey instead of fighting for their human rights
Elon Musk responds to post calling for the murder of Erika Kirk, widow of Charlie Kirk: 'Either we fight back or they will kill us'
Czech Republic signs €1.34 billion contract for Leopard 2A8 main battle tanks with delivery from 2028
USA: Office Depot Employees Refused to Print Poster in Memory of Charlie Kirk – and Were Fired
Proposed U.S. Bill Would Allow Civil Suits Against Judges Who Release Repeat Violent Offenders
Penske Media Sues Google Over “AI Overviews,” Claiming It Uses Journalism Without Consent and Destroys Traffic
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
French Debt Downgrade Piles Pressure on Macron’s New Prime Minister
US and UK Near Tech, Nuclear and Whisky Deals Ahead of Trump Trip
One in Three Europeans Now Uses TikTok, According to the Chinese Tech Giant
Could AI Nursing Robots Help Healthcare Staffing Shortages?
NATO Deploys ‘Eastern Sentry’ After Russian Drones Violate Polish Airspace
Anesthesiologist Left Operation Mid-Surgery to Have Sex with Nurse
Tens of Thousands of Young Chinese Get Up Every Morning and Go to Work Where They Do Nothing
×