Survey: 40% of Britons support the government's push for crypto-friendly legislation

A survey conducted by research firm Redfield & Wilton showed that 40% of Britons support the government's promotion of legislation to support cryptocurrencies, while 16% are opposed.

A total of 2,500 people participated in the survey, of which 31% said they hold cryptocurrencies. Regarding the reasons for holding, 37% said it was for the high return prospects, 36% said it was for personal interests, 32% believed that digital currency is a means of storing value, and 23% said it was to avoid government regulation. Among those who do not hold cryptocurrencies, 64% said they do not know enough about cryptocurrencies, 33% believe that investing in such assets is unsafe, 23% believe that cryptocurrencies are too complicated, and 24% are not interested.

The survey also asked Britons about their attitudes toward CBDC. 24% believe that issuing CBDC may be beneficial to the UK, while 30% believe that it may do more harm than good. Most respondents (73%) are worried that CBDC will expose them to the threat of hackers and cyber attacks. 70% are concerned about user privacy issues, and 62% are worried that CBDC will give the government the ability to confiscate their money. (Central Bank Currencies)