The United Kingdom has recorded the fastest growth in cryptocurrency adoption worldwide in 2025, according to a new report released by US-based crypto exchange Gemini. The study highlights the UK’s rapid rise in digital asset ownership despite lacking a formal national regulatory framework.
The percentage of UK adults holding cryptocurrencies surged from 18% in April 2024 to 24% in April 2025, marking a 33% year-on-year increase — the most significant jump among all nations surveyed. The findings place the UK ahead of global peers in terms of growth rate, underscoring a major shift in investor sentiment.
Europe Outpaces Other Regions in Adoption
The Gemini survey, which sampled over 7,000 individuals across Europe, the United States, Singapore, and Australia, found that Europe is currently leading the global wave of cryptocurrency adoption. While Singapore maintains the highest national ownership rate at 28%, the UK’s sharp rise signals a growing appetite for digital assets among its population.
Regulatory Framework Still in Development
Despite its lack of a fully established regulatory environment, the UK remains a favorable landscape for crypto investors. In April, the UK Treasury introduced a draft statutory instrument aimed at regulating crypto exchanges and service providers. A final version is expected to be published later in 2025 after public consultations conclude.
Investor Confidence Remains Strong
Experts suggest that the UK’s clear intent to regulate the crypto sector—combined with robust financial infrastructure and public interest—is driving investor confidence. As the UK moves closer to formal crypto regulations, its position as a global fintech leader is expected to strengthen.
With its record-breaking growth in 2025, the UK is fast becoming a global hub for cryptocurrency activity. The Gemini report not only highlights increasing adoption but also underlines the importance of responsive regulation in securing the country’s digital financial future.
