#WhyPeopleAvoidCryptocurrency
Survey -
Range of reasons why people have decided not to invest in #cryptocurrency .
> 58% have stated that they do not trust it.
> 34% do not understand the technology.
> 21% believe that it performs badly as an investment.
> 14% don’t invest due to environmental concerns.
> 12% would like to begin investing in cryptocurrency, but are unsure where to start.
> 9% do not have the spare income to invest.
> 9% have seen a friend of family members investment perform poorly.
#Crypto exchange app #Luno conducted a survey that indicated 71% of Australians have less than a basic understanding of cryptocurrencies in 2023 (Luno).

🎉 Exciting news in the world of crypto! 🚀 Luno has just been granted an operating license from South Africa, solidifying its position as a trusted platform for digital asset exchange. 🌍 This milestone not only enhances Luno's credibility but also opens up new opportunities for crypto enthusiasts in South Africa and beyond. 🇿🇦💼 Embrace the future of finance with confidence, knowing that Luno is here to empower your crypto journey! 💪💰 #Luno #SouthAfrica #CryptoLicense 📜🔐

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Crypto in South Africa: Elections Likely Won't Disrupt Progress

South Africa's crypto scene is booming! 🇿🇦 Despite upcoming elections, experts believe regulations won't be swayed by politics. FSCA's licensing scheme is already underway, with firms like Luno receiving licenses. The country is even exploring stablecoin use cases!
#SouthAfrica #FSCA #Luno