The 4.3 trillion AUD retirement system in Australia is embracing cryptocurrency, with Coinbase and OKX focusing on Self-Managed Superannuation Funds, which represent a significant share of the retirement market. The sevenfold increase in crypto holdings since 2021 reflects growing interest and potential mainstream adoption.
As SMSF engagement with cryptocurrencies rises, Australia may see advancements in regulatory frameworks. The current revival in Bitcoin’s price highlights the ongoing integration of digital assets in traditional finance, paving the way for broader acceptance and possibly influencing other countries.
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