#block earner

[rwatimes]

Blockearner launches Australia’s first crypto-backed lending product using Fireblocks

➤ Block Earner has launched Australia's first Bitcoin-backed home loan product, allowing users to pledge BTC as collateral for property deposits. ➤ The service utilizes Fireblocks' MPC wallet technology for secure custody of the crypto collateral, with a loan-to-value ratio of up to 50%. ➤ This innovation addresses the challenge of accessing Bitcoin's value without triggering capital gains tax, though risks associated with price volatility remain.

[rwatimes]

Block Earner wins Australia’s first crypto credit licence

The licence enables Block Earner to originate, underwrite and offer regulated digital asset-backed credit products.

➤ Block Earner has secured Australia's first crypto credit license from ASIC, enabling regulated digital asset-backed lending. ➤ The license allows Block Earner to originate and underwrite credit products directly, moving beyond third-party arrangements. ➤ This development signifies a step towards integrating digital assets into Australia's established financial and credit frameworks, despite ongoing regulatory scrutiny on some of Block Earner's past products.

[rwatimes]

ASIC issues first-ever credit licence to crypto firm

Sydney fintech Block Earner has become the first crypto company to secure an Australian Credit Licence (ACL) as Australia ramps up regulation of digital assets.

➤ Block Earner has become the first crypto firm in Australia to receive an Australian Credit Licence (ACL) from ASIC, enabling it to offer regulated credit products directly. ➤ This development signifies a major step for digital assets in Australia, with ASIC aiming to integrate them into established regulatory frameworks for transparency and consumer protection. ➤ Despite receiving the license, Block Earner is currently involved in legal proceedings with ASIC regarding previous allegations of unlicensed financial services.

[pavel-nosok]

Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans

Block Earner has unveiled a new crypto-backed loan product for the Australian market, amid an ongoing tussle with a federal regulator over its shuttered Earn product.

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[pavel-nosok]

Crypto ad spending may be down, but awareness remains critical: Experts

Crypto ad spending may be down, but awareness remains critical: Experts

Though crypto television ad spending is down, crypto firms continue to see ad spending as important to keep their brands relevant during a down market.

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