A study by Coin Shares, aimed at European wealth management practitioners, shows that British finance consultants often do not have access to a full warehouse of encrypted assets when managing their client assets. This means that the client may already have a digital asset, but the consultant does not have a complete picture of the asset allocation and risk management.
The British consultant said it was invisible.
The survey covered 261 wealth management professionals in Europe. Of these, 52 per cent of the British consultants indicated that most of the customer's encrypted asset exposures were actually “unvisible” for them.
In the view of CoinShares, the problem is not the lack of demand on the part of the client, nor the lack of knowledge on the part of the consultant, but rather the internal policies of many agencies that limit the ability of the consultant to discuss, track or include this part of the asset with the client. As a result, consultants need to manage their overall wealth without being able to hold their clients in full.
British regulations are still advancing engagement.
At the time of the publication of the survey, British holdings of encrypted assets continued to grow. The British Financial Conduct Regulatory Authority previously reported last December that about 8 per cent of adults in the United Kingdom hold encrypted currency.
At the same time, contacts with industry have not ceased at the regulatory level. The recent offer by British regulators to allow authorized investment funds to allocate up to 10 per cent of their assets to encrypted exchange trading instruments indicates that local assessments of encryption products are still ongoing.
New focus on payments and off-site transactions
In addition to investment allocation, industry executives are also driving another narrative, namely that the next phase of the encryption market may be more from payments than from speculative transactions. Ripple executive Reece Merrick had previously indicated that the process was being facilitated by the extended block chain, the stabilization currency, the access to the compliance currency and the easier use of wallets.
Regulatory attention also extends to the flow of transactions. The Financial Intelligence Unit of India has requested at least three large encrypted exchanges to provide a single record of off-site encrypted transactions in excess of $10,000. This requirement covers data to be kept since January 2026, focusing on private off-site transactions performed outside the closed order book.