United Kingdom leads 2025 crypto adoption surge, topping global growth despite lacking dedicated regulation or a MiCA-style framework.
According to a recent study by Gemini, the United Kingdom is leading the globe in expanding cryptocurrency ownership among its population in 2025, surpassing economies such as the United States.
Gemini, the crypto exchange that Cameron and Tyler Winklevoss established in the United States, published its most recent “State of Crypto” report on May 27.
The report comprehensively analyzes the global adoption of cryptocurrencies such as Bitcoin.
The report discovered that Europe has been the frontrunner in the expansion of crypto ownership, with the United Kingdom leading the way, as indicated by a survey of 7,200 adults in the United States, Europe, Singapore, and Australia.
Gemini reported in the report shared with Cointelegraph that the UK experienced the most significant year-over-year growth in crypto ownership among the surveyed nations.
The percentage of respondents who reported crypto holdings increased from 18% last year to 24% as of April this year.
In Singapore, Cryptocurrency Ownership Is At Its maximum
While the United Kingdom has reportedly experienced a rise in the number of cryptocurrency owners, it has not yet achieved the highest rate of cryptocurrency ownership globally.
As indicated by Gemini’s report, Singapore has been the world’s leading country for crypto ownership over the past two years. As of April, 28% of local survey respondents reported investing in crypto. In 2024, that percentage was 26%.
French respondents reported possessing crypto in 2025, a 21% increase from 18% in 2024, indicating that some European countries have accelerated the pace.
The indicator increased from 21% to 22% in the United States.
The crypto ownership rate in the United States, the United Kingdom, France, and Singapore increased from 21% to 24% by April last year.
This indicates that nearly one in four individuals now possess crypto.
Consequences Of EU’s MiCA Regulation
The Trump administration’s policies may have contributed to the increase in global crypto ownership in recent years, as per Gemini, following the bear market 2022.
The report noted that introducing the European Union’s Markets in Crypto-Assets Regulation (MiCA) resulted in a rise in crypto ownership in France and the UK, indicative of a more favorable regulatory environment for digital assets in Europe.
Nevertheless, the United Kingdom has not yet implemented a national regulatory framework for cryptocurrency.
In April, the UK government published a draft statutory instrument (SI) to regulate crypto exchanges, merchants, and agents to enhance consumer protection and guarantee operational resilience.
The UK Treasury anticipates that the “near-final version” of the SI will be finalized later this year, following a public consultation in which the final entries were accepted before May 23.
