Australia’s Coinbase Targets Self-Managed Pension Sector for Crypto Expansion
Sydney, Australia – Coinbase, a leading cryptocurrency exchange, is setting its sights on Australia’s self-managed pensions sector, aiming to capitalize on the growing interest in digital assets among retirees in the country. This move comes as self-managed funds in Australia have significantly increased their exposure to cryptocurrencies since March 2019, with nearly A$1 billion ($664 million) now allocated to the volatile market, according to data from the Australian Taxation Office. The trend of self-managed pension …