Sentiment: Positive
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Australia Approves First Bitcoin-Backed Mortgage After Legal Win
By Maxwell Mutuma at 2026-07-03 22:34
Sentiment: Positive
TLDR Australia has introduced its first Bitcoin-backed home loan following a court ruling in favor of Block Earner. The Federal Court ruled that Block Earner’s crypto lending products are not classified as financial products. Borrowers can now use Bitcoin to secure up to 50 percent of a property’s value through a crypto-collateralized loan. The rest [...] The post Australia Approves First Bitcoin-Backed Mortgage After Legal Win appeared first on CoinCentral. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Australia
Source Coin Central