Australia’s First Bitcoin-Backed Mortgage Launched by Block Earner, Revolutionizing Crypto Real Estate Loans
2025-07-18 02:09:36
Main Idea
Block Earner launched Australia's first Bitcoin-backed mortgage, allowing borrowers to use Bitcoin as collateral for up to 50% of a property's value, following a Federal Court ruling that clarified regulatory compliance.
Key Points
1. Block Earner introduced Australia's first Bitcoin-backed mortgage on July 18.
2. The product allows Bitcoin to be used as collateral for up to 50% of a property's value.
3. A Federal Court decision in April clarified that Block Earner's crypto services comply with the Corporations Act.
Description
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