Australia’s Rest Super retirement fund to invest in crypto for its 1.8M members By Cointelegraph

© Reuters.

Australian superannuation fund Relaxation Tremendous is about to grow to be the primary retirement fund within the nation to spend money on cryptocurrencies.

The fund has greater than $46.8 billion price of belongings beneath administration and round 1.8 million members. Superannuation is the equal of a 401k or Particular person Retirement Account in the US and is obligatory for all staff. Till now, the $2.4-trillion sector has been extraordinarily cautious about cryptocurrency.