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It is not that surprising, Covid created a big move to e-commerce shopping and hence non-cash payments. In 2022 lockdowns (partially) ended in the UK and cash payments came back. The long term trend remains the same, less use of cash. More and more invisible, embedded payments.

Ether and bitcoin have no intrinsic value and use a lot of energy? Please read up and check the facts. Ether has virtually zero energy usage nowadays and both crypto’s have increasing numbers of user cases which puts their value above zero. Is it volatile and speculative and do you need consumer protection? For sure.

Please do not restrict financial institutions from holding and / or offering crypto but regulate digital assets. Make sure that all the relevant intermediaries are registered and regulated as a Financial Institution with, depending on the size, appropriate regulations. Don't ban crypto though because Central Banks want to remain in control.