More Australians reported using cryptocurrency to pay for goods and services in 2026 compared to the year before, but banking friction has continued to weigh on crypto users, according to a newly published report by crypto exchange Independent Reserve.The annual survey of 2,000 “everyday Australians” was conducted between Jan. 12 and Jan. 30.It found that the share of Australians using crypto to buy goods or pay for services doubled from 6% to 12%, with the report suggesting “more Aussies are viewing crypto as a practical payment method rather than just a speculative bet.”Among the respondents who used crypto for goods and…

The U.S. Securities and Exchange Commission issued broad guidance towards the crypto industry on Tuesday, with SEC Chair Paul Atkins declaring that “most crypto assets” would not be considered securities.The guidance provides distinctions between which types of assets do not meet the definition of securities and what would make an asset meet that definition as an investment contract.It also notes that protocol mining (as on Bitcoin) and staking, along with crypto airdrops—or tokens sent to a protocol’s users and contributors—do not meet that definition.“After more than a decade of uncertainty, this interpretation will provide market participants with a clear understanding…

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