[location-weather id="7878"]

Is Australia adopting crypto besides high inflation?

7 November, 2022 | 
Pureprofile 

Originally published: The Coin Republic, 30 October 2022

  • As per the recent report, the annual inflation rate in Australia rose to 7.3% in the third quarter (Q3) of this year from 6.1% in the second quarter (Q2.)
  • Additionally, the IRCI report showed that 28.8% of Australians owned cryptocurrencies as of December 2021.

A Independent Reserve Cryptocurrency Index (IRCI) report, IRCI Australia 2021 states that the ownership of crypto assets rose rapidly by a massive 56% in 2021. 28.8% of Australians said they have owned cryptocurrency, up from 18.4% in 2020.

The following index report was prepared while engaging leading consumer research institutions Pureprofile to conduct a cross-sectional survey to gauge Australian’s crypto adoption with more than 2,000 Australians.

Read the full article >

Continue Exploring

More data, insights and media from the experts

SIGN UP NOW

Stay up to date with our latest news, insights and trends reports

SIGN UP NOW

Stay up to date with our latest news, insights and trends reports