Bitcoin Mortgage Loan Makes Debut in Australia
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.
You may also like

Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked

BIS's latest research: The future of stablecoins and the global monetary landscape

Interview with macro master Raoul Pal: The AI competition is giving rise to an "economic singularity," don't easily give up your chips in the next four years

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times his investment in storage stocks? (Six) - The Trap of Homogeneous Products

"Trapped in the cryptocurrency world: Don't let the anxiety of missing out force you onto the most dangerous last train."

The broken defense of Solana's guardians: In order to tear apart Hyperliquid, they actually picked up the script that Ethereum once criticized itself?

Why is Peter Thiel, behind Palantir, preparing an exit in Argentina?

The midlife crisis of Crypto GP: Without PMF, there is no next check from LP

Fidelity Mid-Year Review: 6 Key Trends in Digital Assets for 2026

Three years later: Looking back at my judgment of ChatGPT in 2023

From Casino Tools to Global Pricing Machines: The NYSE Leader's Perspective on Hyperliquid

A Detailed Analysis of "Stock God Serenity" Investment Methodology

Sharplink CEO: The future of Ethereum is unfolding

Morning Report | Korea Investment & Securities and OKX plan to jointly acquire 40% of Coinone; Polymarket denies implementing KYC comprehensively; Grayscale delays U.S. stock IPO plans

Bit Digital CEO: Why I Bought More ETH

A Decade of Three Waves of Stock Tokenization from Bitget's Reality: An Unfinished Financial Exploration

"Hu Run Baifu" Dialogue with Sun Yuchen: A New Paradigm of Value Circulation in the Web3 Transformation Cycle


