A new August survey says the number of Australians currently holding virtual currency has nearly tripled since a similar study was carried out in January.
Nations like Malta and Switzerland often dominate headlines when it comes to cryptocurrencies.
Down under in Australia, virtual currencies are also booming as a number of entities and businesses across the country have shown a strong interest.
Queensland has been banking on crypto in order to bolster tourism. Queensland saw the Brisbane Airport become the first in the world to accept digital currency in May.