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Coinbase Launches Self-Custody Cryptocurrency Investment Service for Retirement Funds in Australia

1 hours ago

On May 5, Coinbase rolled out cryptocurrency investment support for Self-Managed Super Funds (SMSFs) in Australia, giving trustees a channel to diversify their assets. Coinbase’s Asia-Pacific (APAC) Managing Director John O’Loughlin and executive Pete Patanapanlert noted the service provides data exports compliant with local accounting standards and entity authentication processes tailored to the country’s fund structure. “As Australian regulations become clearer and institutional adoption of digital assets rises, the firm views SMSFs as a key growth area,” O’Loughlin said. “We aim to help investors incorporate crypto assets into their retirement investment strategies.” SMSFs are private retirement funds regulated by the Australian Taxation Office (ATO) that let individuals directly manage their pension investments and allocate to assets like stocks, real estate, and crypto. Official data indicates that by the end of 2025, Australia will have approximately 664,000 SMSFs with total assets of around A$1.06 trillion (roughly $758.2 billion).
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Analysis: Positive factors such as increased accumulation by long-term holders and institutional investor buying have driven Bitcoin to rise to $95,000

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Bullish Pre-Market Drops Over 8%, Company Reportedly Plans $4.2 Billion Acquisition of Equiniti

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Predict.fun lists a new market: "When will Polymarket launch its official token?" with the probability of it happening by June 30th currently at 9%.

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