logo

Bitcoin Mortgage Loan Makes Debut in Australia

By: theblockbeats.news|2025/07/18 02:22:17

BlockBeats News, July 18th, according to Cointelegraph's report, as Australian housing prices continue to outpace income growth, a company has launched a Bitcoin-backed mortgage, providing a new way for cryptocurrency holders to enter the real estate market without selling their assets.

This Wednesday, Block Earner unveiled Australia's first Bitcoin-backed home loan. Previously, the company had persisted in a legal battle with regulators for over two years. The launch of this product was made possible by an April ruling by the Federal Court, which determined that Block Earner's cryptocurrency lending product did not fall under the definition of a "financial product" under the Corporations Act.

This ruling means that the company can accept Bitcoin as collateral in mortgage transactions without holding a financial services license.

In this product, the borrower's crypto assets are held in custody by the Fireblocks platform. Bitcoin is used as collateral to secure cash loans of up to 50% of the property value, complemented by a standard mortgage structure to complete the financing.

WEEX se roba el Show en BlockchainRIO 2025

Te puede gustar

Compartir
copy

Ganadores

Últimas noticias cripto

10:25

El Banco Central de Rusia ha confirmado que puede relajar las reglas de regulación de criptomonedas.

10:23

OCDE: Espera que la Reserva Federal "baje gradualmente" la tasa de interés clave a 3,25% a 3,5%

10:20

Asset Management Giant Tidal Investments adquiere aproximadamente 60 millones de dólares en acciones estratégicas

09:58

Cierta ballena con una posición corta BTC significativa está planeando anhelar alrededor de $67,000, con los cortos mostrando actualmente una ganancia de $26.83 millones.

09:55

Wintermute: La estructura del mercado está mejorando, los tokens convencionales ya no son frágiles

Leer más
Comunidad
icon
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y CM[email protected]

Servicios VIP[email protected]