In Australia, the fintech company Block Earner has introduced the country’s first mortgage that can be secured with Bitcoin. This approach allows borrowers to use their crypto assets to obtain a home loan without selling them on the market. The solution became possible after a court ruling that exempted Block Earner’s crypto lending activities from financial regulation requirements.
This is reported by Finway
Cryptocurrency Mortgages: New Opportunities for Borrowers
Previously, the Australian Securities and Investments Commission (ASIC) required Block Earner to obtain a license to operate with crypto loans. However, the court ruled that the company’s products are not subject to the financial services law, paving the way for the launch of cryptocurrency-backed mortgages.
Under the new scheme, clients deposit their funds on the Fireblocks platform, and Bitcoin serves as collateral for obtaining a loan in fiat currency. The maximum loan amount can be up to 50% of the property’s value. Additionally, the cryptocurrency contribution is combined with traditional mortgage terms.
“Creditworthiness is assessed not only based on income and savings but also on a portfolio of digital assets.”
Global Trend: The US is Also Considering Mortgages That Account for Crypto Assets
Experts indicate that similar trends are observed in the US. In June 2025, representatives of the Federal Housing Finance Agency proposed to financial giants Fannie Mae and Freddie Mac to consider borrowers’ digital assets on regulated exchanges when assessing risks.
Furthermore, the US House of Representatives is discussing a bill that would allow cryptocurrencies to be included in the financial profile of mortgage applicants.
Both Australia and the US are experiencing a significant housing crisis. In Australia, housing prices exceed the average annual income by nearly ten times, while in Sydney, this figure has reached 14 times. In the US, the average home price has reached $420,000, and the homelessness rate has risen to its highest level since 2007. Against this backdrop, the price of real estate in Bitcoin has decreased, as the cryptocurrency has appreciated nearly 84% over the past year.
It is worth noting that Bitcoin recently surpassed Amazon and entered the top five most valuable assets in the world.