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
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.
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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, [email protected], https://www.independentreserve.com/au
Katie Sanders, New Romans, [email protected]
SOURCE Independent Reserve
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