Driven by the European Union's (EU) MiCA regulation, cryptocurrency adoption in Germany is rapidly expanding, particularly among family offices and asset management firms. In contrast, the UK is reportedly falling behind in the crypto market due to regulatory gaps and delayed implementation. According to Luke Nolan, a researcher at CoinShares, crypto adoption in Germany is accelerating, primarily among family offices, asset managers, individual advisors, and younger generations inheriting wealth. Meanwhile, the UK market is still in a very early stage, as it has been less than a year since the Financial Conduct Authority (FCA) lifted the ban on the retail sale of crypto ETPs (Exchange Traded Products).
