Investors Push Crypto Into Australia’s Retirement Future
Coinbase and OKX are making moves to integrate cryptocurrencies into Australia’s retirement system through self-managed superannuation funds (SMSFs), offering streamlined services for investors seeking to add digital assets to their savings. The two major exchanges are now providing dedicated products that simplify the process of holding crypto within SMSFs, a feature previously left to individual investors to manage independently [1]. These services include referrals to accountants and legal professionals, as well as integrated custody and record-keeping to satisfy audit requirements [1].
SMSFs currently hold approximately A$1.7 billion in digital assets, a sevenfold increase since 2021, according to the Australian Tax Office. These…
