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Survey Shows One Quarter of UK Adults Willing to Include Cryptocurrency in Retirement Plans
Summary: According to Cointelegraph, a survey by insurance company Aviva revealed that 27% of UK adults are willing to include cryptocurrency in their retirement investment portfolio, with 23% even considering withdrawing existing pensions for crypto investments. About one-fifth of respondents indicated they currently hold or have held cryptocurrency, with the 25-34 age group being the most ...
According to Cointelegraph, a survey by insurance company Aviva revealed that 27% of UK adults are willing to include cryptocurrency in their retirement investment portfolio, with 23% even considering withdrawing existing pensions for crypto investments. About one-fifth of respondents indicated they currently hold or have held cryptocurrency, with the 25-34 age group being the most active. Despite being attracted by high return potential, investors still have concerns about security risks (41%), lack of regulation (37%), and price volatility (30%). The UK proposed a crypto regulatory framework in May this year, while the US has already allowed 401(k) retirement plans to include cryptocurrencies like Bitcoin. With the UK pension market valued at $5.12 trillion, opening up channels for crypto investments could potentially bring significant capital inflows into the crypto market.
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Link: Survey Shows One Quarter of UK Adults Willing to Include Cryptocurrency in Retirement Plans [Copy]