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“# Commonwealth Bank of Australia recognizes risks in missing out on crypto ” Matt Comyn, the CEO of the Commonwealth Bank of Australia (CBA), said that the bank is more concerned about the risks of missing out on crypto than those associated with its adoption. The CBA is set to become the first of the…
“# ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored ” One of the ANZ bank’s senior executives has told a Blockchain Australia forum that the crypto sector has grown too big to be ignored by traditional finance. The comments came a day after rival Commonwealth Bank announced that it would roll…
“# Commonwealth Bank to enable crypto trading for 6.5M Aussies, ‘other banks will follow’ ” The Commonwealth Bank of Australia (CBA) is set to launch crypto trading services for the 6.5 million users of its CommBank app. The CBA will become the first bank in Australia to support crypto, and Blockchain Australia says it is…
“# Australian crypto businesses tell Senate inquiry about being de-banked up to 91 times ” Crypto-related companies and figures have provided evidence about being de-banked by Australian financial institutions to a Senate inquiry. Crypto investment firm Aus Merchant, global remittance provider Nium and small peer-to-peer crypto brokerage platform Bitcoin Babe were speaking on a panel…
“# Australia’s crypto ecosystem 2020: The spark for a DeFi explosion ” For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long been enthusiastic adopters of new technology, from cell phones to smart homes, and it’s little surprise they’ve embraced crypto…