Coinbase is focusing on the demand for cryptocurrency in the Australian pension sector

ChainCatcher News: America's largest cryptocurrency exchange, Coinbase, is targeting the potential demand in Australia's growing self-managed superannuation sector. John O'Loghlen, Managing Director for the Asia-Pacific region, stated that the exchange is developing a service aimed at this niche market. The latest data from the Australian Taxation Office shows that such portfolios account for about a quarter of Australia's $2.5 trillion superannuation system, with AUD 1 billion (USD 664 million) allocated to cryptocurrencies.