TechFlow news, September 1 — According to Zhitong Finance, Australia's A$4.3 trillion (approximately USD 2.8 trillion) pension system—long regarded as one of the world’s most tightly regulated savings pools—is emerging as a new frontier for cryptocurrency adoption.
Coinbase and OKX have successively launched products enabling pension investments in cryptocurrencies, marking deeper penetration of digital assets into the mainstream financial system. Their initial focus is on self-managed superannuation funds (SMSFs)—a category of investor-managed funds that already account for a quarter of Australia’s pension market. Unlike mainstream pension funds that generally avoid crypto assets, SMSFs grant individuals full investment autonomy.
A spokesperson from the Australian Securities and Investments Commission (ASIC) stated: “These products are highly volatile, and excessive exposure may lead to significant losses.” The regulator also advised consumers to consult professional advice from accountants or financial advisers before establishing an SMSF. It emphasized: “We remind those considering setting up an SMSF that the core objective of the pension system is capital preservation and growth, ultimately providing individuals with sufficient income for a decent retirement.”
