More than a third of Britons are uninterested in buying into cryptocurrency because of a lack of regulation of the sector, new research suggests.

Some 34 per cent of the population, and three-quarters of people in their thirties familiar with the likes of bitcoin, ethereum and dogecoin said better consumer protections would make them likelier to invest.

According to exclusive research carried out for This is Money by cryptocurrency exchange Coinbase, half of those surveyed aged between 30 and 39 also said more accessible information would make them more interested in investing.

Wild West: Cryptocurrency trading is currently unregulated by the FCA

Charlie Barton, from the personal finance comparison site Finder, said: ‘It makes sense that people want to learn a little more, and want reassurance that there’s regulatory oversight before making an investment.’

Cryptocurrency investing has become increasingly mainstream among both everyday and…

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