Australia’s Block Earner Explores Bitcoin-Backed Mortgages Amid Housing Affordability Challenges
2025-07-17 20:38:27
Main Idea
Block Earner launches Australia’s first Bitcoin-backed mortgage following a regulatory breakthrough, while similar trends emerge in the US, addressing housing affordability challenges through crypto-backed lending innovations.
Key Points
1. Block Earner introduces Australia’s first Bitcoin-backed mortgage, enabled by a court ruling that exempts the company from needing a financial services license under the National Consumer Credit Protection Act.
2. Borrowers can access up to 50% of the property’s value using Bitcoin as collateral, broadening homeownership opportunities for crypto asset holders.
3. In the US, the Federal Housing Finance Agency (FHFA) is advancing lending criteria, and bill H.R.4374 aims to integrate crypto assets into traditional financial systems.
4. Housing affordability challenges in Australia and the US, with median home prices surging, are driving innovation in crypto-backed lending.
5. Bitcoin’s substantial appreciation offers a strategic pathway for digital asset holders to leverage their holdings for home financing.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Australia’s Block Earner
Latest News
- Thumzup Media Corporation to Invest $250 Million in Bitcoin and Major Cryptocurrencies for Portfolio Diversification2025-07-18 01:06:35
- SEC Chairman Paul Atkins Proposes Innovation Exemption to Boost Tokenization of Stablecoins2025-07-18 01:05:34
- Trump Officials Possibly Hold Millions in Bitcoin as Crypto Stocks Rise Amid Regulatory Developments2025-07-18 00:53:42
- U.S. House Passes GENIUS Act Encryption Bills Ahead of Trump’s Signature2025-07-18 00:53:23
- Dogecoin Shows Potential for 2025 Breakout Amid Shiba Inu and XRP Market Moves2025-07-18 00:40:36