Survey: Crypto payment adoption doubles in Australia

The number of Australians using cryptocurrency to pay for goods and services has doubled this year, Cointelegraph reported, citing a survey from crypto exchange Independent Reserve. The survey, conducted from Jan. 12 to Jan. 30 among 2,000 Australians, found that the proportion of residents using crypto for payments increased from 6% to 12%. Of these, 21% used cryptocurrency for online shopping, the largest single category. Independent Reserve noted that this shows more Australians are viewing cryptocurrency as a practical payment method rather than just a speculative tool.