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Nexo Australia launches regulated crypto-backed Credit Lines for flexible borrowing with AUD or stablecoins.

Market News
19 Aug 2026
Crypto news
View Source
Bullish
pluang ai news

Nexo Australia has introduced regulated crypto-backed Credit Lines after becoming a Credit Representative under Australian law. Eligible clients can borrow against their digital assets without selling them, receiving funds in Australian dollars or stablecoins with interest rates from 0.9% to 21.9%. The Credit Lines feature flexible repayments, no fixed terms, and include options like Collateral Exchange to adjust collateral amid market changes. This launch aligns with Australian consumer credit laws and expands Nexo's local offerings, which also include growth and booster products, targeting the growing crypto ownership and digital wealth market in Australia.

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