TechFlow news, according to Bloomberg, cryptocurrency exchange Coinbase is targeting potential demand from Australia's growing self-managed superannuation sector. John O'Loghlen, Managing Director for the Asia-Pacific region, said the exchange is developing a service tailored to this niche market.
Latest data from the Australian Taxation Office shows that such portfolios account for about a quarter of Australia's A$2.5 trillion pension system, with A$1 billion (US$664 million) allocated to cryptocurrencies.
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