In May, deVere revealed findings of a global survey that found 35 per cent of wealthy investors will have exposure to cryptocurrencies by the end of 2018.

At that time, Mr Green said: “The survey’s findings demonstrate that high net worth individuals are increasingly unable to ignore the huge potential of cryptocurrencies.”

The deVere CEO concludes: “There’s now surging awareness of the value, need and demand for digital, global currencies in a digitalized, globalized world.

“The world of money has fundamentally changed – and despite what some crypto cynics want, it can’t and will not go backwards. Therefore, the FSB’s proactive and positive work in this sector must be championed.”

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