MultiversX Tracker is Live!

Crypto gains political clout among 80% of UK young voters

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 248 Views

Crypto gains political clout among 80% of UK young voters

A Coinbase Institute survey suggests crypto has become the financial starting point for most 16-25-year-olds in the UK, as digital assets become a powerful credibility test for political parties.

The United Kingdom’s move to pause political donations in cryptocurrency is colliding with rising digital asset awareness among younger people, according to a new survey shared with Cointelegraph.

Research by Coinbase Institute and JL Partners, shared with Cointelegraph, found that crypto, led by Bitcoin (BTC), has overtaken traditional banking products as many young people’s entry point to understanding money, risk and financial opportunity. Just 43% recognize a Stocks & Shares Individual Savings Account and 20% a Help to Buy ISA, reflecting what the report describes as a “crypto first, TradFi second” re-ordering of financial literacy.

The findings come as the United Kingdom advances plans for a moratorium on political donations in crypto, highlighting a potential disconnect between how young people engage with finance and how Westminster regulates it. 

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments