Lagging regulation keeping crypto mortgages subdued

The recent ordering of two US mortgage lenders to factor crypto wealth into serviceability has some speculating on the future of lending in Australia. A history of slow-to-act regulators is likely to keep this trend out of Australia.

This was the topic of discussion in this week’s episode of Broker Daily Uncut. Host Jack Campbell was joined by co-hosts Phil Tarrant and Alex Whitlock to unpack the future of crypto in Australia.

The disinterest domestically fails to cater to the diverse circumstances of the modern borrower and is a detriment to consumers who capitalised on digital currency.