Coinbase, OKX push crypto into Australia’s retirement system
Coinbase and OKX are moving into Australia’s pensions through SMSFs, while the United States revamps rules on how crypto fits into retirement plans.
Two of the largest centralized cryptocurrency exchanges, Coinbase and OKX, are introducing services for self-managed superannuation funds (SMSFs ) in Australia, giving individuals new ways to add cryptocurrency to the country’s retirement savings system.
While Australians have been able to hold digital assets in SMSFs for several years, Coinbase and OKX are now packaging that access into dedicated products, Bloomberg reported on Monday.
Instead of leaving investors to set up their own structures and manage custody independently, the exchanges offer services that combine referrals to accountants and law firms with integrated custody and record-keeping to meet audit requirements.
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