In brief
- 60% of Australians still say they don’t trust crypto, up from 57% in 2024.
- Labor’s reform package spans exchange licensing, stablecoin oversight, and payments modernization.
- Swyftx projects millions of new investors once regulation is finalized.
Crypto adoption in Australia has stalled, despite the incumbent Albanese government rolling out some of the most ambitious digital asset reforms in the country’s history.
The fifth annual Australian Crypto Survey, released on Wednesday by crypto exchange Swyftx, found that ownership remains flat among adults, with trust in digital assets continuing to slide.
Nearly 60% of Australians say they don’t trust crypto, up from 57% last year, according to data cited by the report. Among…
