Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says – Regulation Bitcoin News

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Study shows almost half of retail investors in Australia own crypto, seek investment insight on social media.

Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says

According to a survey conducted by the Australian Securities and Investments Commission in November, 44% of over 1,000 retail investors admitted to holding cryptocurrency. The results indicated that crypto is the “second most popular investment after Australian shares,” Reuters noted in a report. A quarter of the polled investors who held digital coins said they were their only investment.

Another argument for that, besides the high popularity of crypto, is the finding that 41% of respondents sought investment insight online, with a fifth of those polled naming the video sharing platform Youtube and at least one in ten pointing to the leading social media network, Facebook. Only 13% gained their info from a financial adviser or broker.

 

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If that’s true it’s nice. I hold BTC on bfx.

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It's better it gets regulated

And how does the Australian government feel about crypto?

This is very good 👍

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Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says – Regulation Bitcoin NewsHigh rates of crypto ownership make 'a strong case for regulation,” according to the Australian Securities and Investments Commission. What a weird way to say that they are going to regulate crypto😅 Teach these people how to grow their crypto assets. Tell them the market is really profitable as it goes up or comes down. Their are very good strategies which can get one on profit both ways but very few people know about these strategies. Reach out to me if you wish to learn. LMAO people are exploiting uniswap!
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