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Record 32.5% of Australians Hold or Have Owned Cryptocurrency, Study Finds

Author: Content Editor
A recent study conducted in Australia shows that nearly a third of Australians have owned cryptocurrency and a majority believe that it will be widely accepted in the future. The study also found that 95% of respondents were aware of at least one cryptocurrency. 57.3% of Australian respondents reported making a profit from cryptocurrency, indicating confidence in the sector. However, the study also noted that regulatory challenges could disrupt the momentum of adoption, with one in five users reporting issues with banks blocking or delaying cryptocurrency transactions. The study also found that 31% of respondents see the return of U.S. President Donald Trump as a positive for cryptocurrency. Overall, the study reflects the growing adoption and maturity of the cryptocurrency market in Australia.

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