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SMSFs Fuel Crypto’s Push Into Retirement Portfolios, Defying Risk Warnings

SMSFs Fuel Crypto’s Push Into Retirement Portfolios, Defying Risk Warnings

Coinbase and OKX are advancing efforts to bring cryptocurrency into Australia’s pension system, a move that signals growing institutional interest in digital assets as a retirement investment. The Australian retirement savings pool, valued at approximately AUD 4.3 trillion (USD 2.8 trillion), is attracting attention from global crypto exchanges, which are targeting Self-Managed Superannuation Funds (SMSFs). These investor-managed funds represent a quarter of the country’s pension market and offer greater investment flexibility compared to traditional pension funds. SMSFs have seen a sevenfold increase in cryptocurrency holdings since 2021, with assets held in these funds reaching AUD 1.7 billion as of March 2024 [1].

Both Coinbase and…

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