Ambitious plans: Visitors take photos at a cryptocurrency conference in Hong Kong. Australia could prove a test case for digital assets’ shift from fringe bet to mainstream pension holding. — Bloomberg
SYDNEY: Australia’s A$4.3 trillion (US$2.8 trillion) retirement system – long regarded as one of the world’s best-regulated savings pools – is emerging as a new frontier for crypto.
Coinbase Global Inc and OKX, two of the largest digital asset exchanges, are rolling out products aimed at steering pension money into cryptocurrencies, underscoring how digital assets are edging further into mainstream finance.
