Germany Leads Europe in Crypto Adoption as UK Trails, CoinShares Researcher Says

The split described here is about distribution, not demand: German adoption is being carried by professional allocators, while the UK's retail channel is still described as nascent. That matters because institutional-led uptake tends to be slower, more compliance-bound and less visible in on-chain activity than retail flows, which can make adoption look weaker than it is. The open question is whether the UK's retail gap is a regulatory or structural one, and whether family-office and wealth-manager channels become the template for the rest of Europe.