The hype surrounding crypto markets in the United Kingdom is attracting young investors. However, they don’t realize that it doesn’t have a regulatory system. This was revealed by a study done by UK Financial Conduct Authority (FCA).

According to the survey, 69 percent of investors younger than 40 believe crypto markets have been regulated. Young investors are more likely to invest in risky assets such as cryptocurrencies, forex and crowdfunding if they have a lot of competition from their friends.