Half of Australian crypto users still face banking hurdles

A recent survey of 1,900 Australian cryptocurrency users conducted by Binance found that many still face significant banking hurdles when using exchanges, Cointelegraph reported. According to the survey, 58% of respondents wish they could freely deposit funds into exchanges, while 22% have had to change their primary bank to purchase digital assets. Matt Poblocki, General Manager of Binance Australia and New Zealand, explained that seamless access to financial services affects market participation and trust, adding that the current barriers could slow cryptocurrency adoption and limit growth.