Cryptocurrency ownership in the UK is on the rise, with over 12% of adults now holding digital assets, up from 10% in June 2023, according to the Financial Conduct Authority (FCA). This surge highlights a strong interest in crypto, prompting calls for regulatory updates. George McDonaugh of KR1 emphasized the need for UK regulators to adapt, as crypto becomes mainstream. In response, the FCA has unveiled a roadmap aiming for comprehensive crypto regulations by 2026. Initial consultations will focus on stablecoins in late 2024, with further discussions on trading platforms and DeFi activities in 2025.