Bitcoin owners can now get a home loan using the digital currency
Crypto investors will no longer have to choose between owning Bitcoin or buying a home, with the first Bitcoin-backed home loan launching in Australia.
Block Earner said it would become Australia’s first Bitcoin-backed home loan provider after winning a lengthy court case with ASIC, successfully arguing it did not require a financial services licence to offer its products.
In a statement, Block Earner said it would continue to work collaboratively with the regulators to bring clear benefit to Australian consumers.
“Block Earner continues to operate business-as-usual and remains fully committed to compliance, innovation, and building products that benefit Australian consumers,” it said.
With the court proceedings out of the way,…
