Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO
Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated.
Millions of potenial Australian crypto investors are “sitting on the sidelines” until regulations around the market are clearer, says the head of a local crypto exchange.
Jason Titman, the CEO of Swyftx, told Cointelegraph that his firm predicts between two to six million Australians will enter crypto when “the dust has settled on regulation.”
A Swyftx survey found nearly a third of respondents would be more likely to buy crypto if it were regulated, while 41% said they didn’t trust crypto without regulation.
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Author: Stephen Katte
