Private Equity Moris Beracha Wuani

By Yogita Khatri Seventy-three percent of U.K. consumers don’t know what a cryptocurrency is or are unable to define it, according to a new survey from the country’s financial watchdog, the Financial Conduct Authority (FCA). Announced  Thursday, the research indicates that those who are most aware of cryptocurrencies are likely to be men aged between 20 and 44. The  survey , which polled 2,132 British consumers in association with London-based market research firm Kantar TNS, further found that only 3 percent of those surveyed had ever bought cryptocurrencies. Of those who had purchased, half of them spent under £200 ($263) from their “disposable income.” Bitcoin appears to be the most popular cryptocurrency, with over 50 percent purchasing the cryptocurrency, while 34 percent bought ether (ETH). The FCA has also carried out “qualitative” research and interviews of UK consumers in association with London-based research agency Revealing ...

By  Adrian Zmudzinski A conservative member (MP) of the United Kingdom’s ( U.K. ) Parliament has said that making payments to local authorities and utility providers with Bitcoin ( BTC ) should be possible. The MP’s statements were reported by local news outlet Express.co.uk on Dec. 10. The article notes that Eddie Hughes, a member of the U.K. Parliament for the Walsall North constituency, described himself as a “crypto enthusiast with amateur knowledge.” He notes that blockchain gets a lot of attention and members of the parliament “have a duty to understand it.” Hughes further explained that he recently met with the Royal National Lifeboat Institution, which accepts cryptocurrency donations, and that the encounter made him think: “What’s to stop us [from] being able to pay council tax and other bills with Bitcoin?” Those declarations come shortly after, as Cointelegraph reported at the end of November, the United States state of Ohio announc...