A record 31% of Australians have now owned
cryptocurrency, with adoption and confidence in the
sector reaching new highs despite economic uncertainties, according
to the 2025 Independent Reserve Cryptocurrency Index
(IRCI). Meanwhile, 42.9% of Australians believe crypto
will be widely accepted in the future, but regulatory challenges
persist, with one in five investors reporting banks have blocked or
delayed crypto transactions.
SYDNEY, Feb. 23,
2025 /PRNewswire-PRWeb/ --
- Record high adoption, with almost a third (32.5%) of Aussies
currently owning or having owned cryptocurrency.
- 95% of Australians are aware of at least one
cryptocurrency.
- A further 14.3% wanted to invest in crypto but
refrained due to economic concerns.
- 42.9% of Australians believe that cryptocurrency
will be widely accepted by people and businesses in the future
The findings in our sixth annual IRCI
clearly show that Australia's
crypto market is coming into its own. Adoption is
growing, investment strategies are evolving, and seasoned investors
are seeing better profits
More Australians than ever before are embracing
cryptocurrencies the 2025 Independent Reserve
Cryptocurrency Index (IRCI) reveals. (Download
report)
"The findings in our sixth annual IRCI clearly show that
Australia's crypto
market is coming into its own. Adoption is growing, investment
strategies are evolving, and seasoned investors are seeing better
profits," said Independent Reserve CEO, Adrian Przelozny.
"With a record 32.5% of Australians currently owning or having
owned crypto, Bitcoin remains the most
popular choice, held by 70% of investors."
Despite economic uncertainties, 57.3% of Australian
crypto investors reported making a profit, and 20.5%
are investing $500 or more each
month, indicating strong confidence in the sector.
However, 14.3% of Australians reported they wanted to invest in
crypto but were deterred by the economic climate.
Meanwhile, 42.9% of Australians believe that
cryptocurrency will be widely accepted by people and
businesses in the future, with 73.4% considering
Bitcoin as money, a store of value, or an investment
asset.
"Globally, with Donald Trump's
election as President of the United
States, there is widespread anticipation that his
pro-crypto policies will foster innovation and broader
adoption of digital assets, and we're seeing current pricing
reflect that global optimism," he said.
31% of IRCI respondents believe that Trump is good for
crypto, compared to just 8% who think he's bad for the
sector. The majority, however, remain neutral, indicating
widespread uncertainty about the President's potential
influence.
"Locally, while the sector is experiencing robust growth,
challenges in regulatory clarity and market volatility persist. The
actions of traditional financial institutions, such as banks
blocking or delaying crypto investment activities,
highlight the need for clear and supportive regulation to ensure
the sector's legitimacy and continued growth.
Almost one in five investors (19.3%) said their bank had
prevented them from buying crypto or delayed sending
money to a crypto exchange.
"The 2025 IRCI findings reflect Australia's maturing crypto
market. As the industry navigates the complex interplay of
regulation, innovation, and adoption, its potential to reshape the
traditional financial landscape remains strong," said
Przelozny.
For more information, please contact:
media@independentreserve.com
ABOUT THE IRCI
Now in its sixth year, the Independent Reserve
Cryptocurrency Index (IRCI) provides an annual
snapshot of cryptocurrency adoption, awareness, and
sentiment in Australia. It is an
annual cross-sectional survey of over 2,000 Australians conducted
by PureProfile. It is a sample of everyday Australians, reflecting
the gender, age, and geographic distribution of the nation. The
IRCI aims to inform industry stakeholders and the public on the
evolving trends and dynamics of the crypto market.
ABOUT INDEPENDENT RESERVE
Established in 2013, Independent Reserve is Australia's trusted
cryptocurrency exchange and OTC trading desk. Over
400,000 customers from Australia,
New Zealand, and Singapore trust Independent Reserve to easily
trade Bitcoin, Ethereum,
XRP, and other major cryptocurrencies.
Independent Reserve offers a range of innovative features,
including AutoTrader, a crypto OTC trading desk, API
integration, and world-class security.
Media Contact
Dennis Graham, Independent
Reserve, 61 0413079443, media@independentreserve.com,
https://www.independentreserve.com/au
Katie Sanders, New Romans,
katie@newromans.co
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SOURCE Independent Reserve