Bitcoin Mortgage Loan Makes Debut in Australia

By: theblockbeats.news|2025/07/18 10:22:17
0
Share
copy

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

Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset

One cannot rely on macro narratives like "Gold Rotation" to determine whether Bitcoin has bottomed. True bottom signals will only appear during position unwinding and extreme pessimistic sentiment.

Aave Founder: What Is the Secret of the DeFi Lending Market?

When on-chain lending becomes significantly cheaper to operate end-to-end compared to traditional lending, mass adoption becomes not a question of if, but of when.

The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes

What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.

How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon

Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.

80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars

Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.

AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals

Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.

Popular coins

Latest Crypto News

Read more