ROOT
1 in 4 crypto customers wants greater regulation
New research has found one in four adults would invest more in cryptocurrency if regulation improved.
1 in 4 crypto customers wants greater regulation
New research has found one in four adults would invest more in cryptocurrency if regulation improved.
Research from UK-headquartered app Ziglu showed 23 per cent of cryptocurrency investors and people who have never bought digital currencies would either increase their holdings or put in money for the first time if regulation were to be tightened.
The research also shed light on the biggest barriers to investing in crypto, with price volatility coming in as the number one challenge for more than half (52 per cent) of those surveyed.
Lack of understanding was the next biggest barrier, with the research finding that 46 per cent of those surveyed believe they do not understand the market. Further, 35 per cent said they are worried about the risk of scams, while 9 per cent said they’re worried about the environmental impact of crypto mining.
Twenty-two per cent of crypto customers and would-be customers would like companies to offer better protection against hacking, while around a fifth wants guides to the market from companies in the sector, the research showed.
“The cryptocurrency market has attracted support from a wide range of retail investors as well as major corporates,” said Mark Hipperson, founder and chief executive of Ziglu, commenting off the back of the findings.
“There is still understandable worry about regulation of the market and that is reflected in the research and a concern we share at Ziglu ... The crypto market needs to be better at protecting investors.”
RELATED ARTICLES
Invest
Mason Stevens appoints former Morgan Stanley executive as chief strategy officer
Wealth management platform Mason Stevens has appointed Peter Mermelas as chief strategy officer to lead the company's expansion into the ultra-high-net-worth segment. Read more
Invest
Good Return launches $10 million fund to support women entrepreneurs across Asia-Pacific
Social purpose organisation Good Return has launched a second Impact Investment Fund targeting a $10 million capital raise to support women-led businesses in developing Asia-Pacific economies. Read more
Invest
Australian investors flock to US stocks and crypto after Trump victory
Trading volumes in US equities surged 20 per cent on Australia's second-largest share trading platform following Donald Trump's election victory last month, as local investors sought to capitalise on ...Read more
Invest
Investment firm raises $9bn for global special situations fund
Bain Capital secured $9 billion for its latest Global Special Situations Fund, positioning the firm as one of the world's largest special situations investors. Read more
Invest
Morrison Securities unveils plug-and-play global trading access to 15 countries
Equities clearing firm Morrison Securities has partnered with trading technology provider ViewTrade to introduce one of Australia's first plug-and-play global trading solutions, enabling streamlined ...Read more
Invest
Institutional investors react positively to policy stimulus in September
State Street Global Markets has reported a rebound in institutional investor risk appetite in September, driven by supportive policy announcements from central banks. Read more
Invest
AMP partners with Striver for Brimstone event to attract new financial advisers
AMP has announced a partnership with advice community and careers technology platform Striver for the annual Brimstone event series, scheduled to take place in Sydney next week. Read more
Invest
North expands managed portfolio options with new customisation features
North, a leading Australian wrap investment platform, has announced an expansion of its customisation options for managed portfolios, aiming to provide advisers with greater flexibility for their ...Read more
Invest
Mason Stevens appoints former Morgan Stanley executive as chief strategy officer
Wealth management platform Mason Stevens has appointed Peter Mermelas as chief strategy officer to lead the company's expansion into the ultra-high-net-worth segment. Read more
Invest
Good Return launches $10 million fund to support women entrepreneurs across Asia-Pacific
Social purpose organisation Good Return has launched a second Impact Investment Fund targeting a $10 million capital raise to support women-led businesses in developing Asia-Pacific economies. Read more
Invest
Australian investors flock to US stocks and crypto after Trump victory
Trading volumes in US equities surged 20 per cent on Australia's second-largest share trading platform following Donald Trump's election victory last month, as local investors sought to capitalise on ...Read more
Invest
Investment firm raises $9bn for global special situations fund
Bain Capital secured $9 billion for its latest Global Special Situations Fund, positioning the firm as one of the world's largest special situations investors. Read more
Invest
Morrison Securities unveils plug-and-play global trading access to 15 countries
Equities clearing firm Morrison Securities has partnered with trading technology provider ViewTrade to introduce one of Australia's first plug-and-play global trading solutions, enabling streamlined ...Read more
Invest
Institutional investors react positively to policy stimulus in September
State Street Global Markets has reported a rebound in institutional investor risk appetite in September, driven by supportive policy announcements from central banks. Read more
Invest
AMP partners with Striver for Brimstone event to attract new financial advisers
AMP has announced a partnership with advice community and careers technology platform Striver for the annual Brimstone event series, scheduled to take place in Sydney next week. Read more
Invest
North expands managed portfolio options with new customisation features
North, a leading Australian wrap investment platform, has announced an expansion of its customisation options for managed portfolios, aiming to provide advisers with greater flexibility for their ...Read more
