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    Home»Crypto News»Coinbase, OKX push crypto into Australia’s retirement system
    Coinbase, OKX push crypto into Australia’s  retirement system
    Crypto News

    Coinbase, OKX push crypto into Australia’s retirement system

    By Crypto EditorSeptember 2, 2025No Comments3 Mins Read
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    Coinbase, OKX push crypto into Australia’s  retirement system

    Two of the biggest centralized cryptocurrency exchanges, Coinbase and OKX, are introducing companies for self-managed superannuation funds (SMSFs ) in Australia, giving people new methods so as to add cryptocurrency to the nation’s retirement financial savings system.

    Whereas Australians have been capable of maintain digital property in SMSFs for a number of years, Coinbase and OKX are actually packaging that entry into devoted merchandise, Bloomberg reported on Monday.

    As an alternative of leaving traders to arrange their very own constructions and handle custody independently, the exchanges supply companies that mix referrals to accountants and legislation corporations with built-in custody and record-keeping to satisfy audit necessities.

    SMSFs account for a few quarter of Australia’s retirement pool and held about A$1.7 billion (US$1.1 billion) in digital property as of March 2025, in line with the Australian Tax Workplace. That complete is up sevenfold since 2021, making SMSFs the primary a part of the system to indicate vital crypto publicity.