Search
Australian bank joins Project Guardian to explore RWA tokenization
1.10.2024
Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains
Australian Bank Halts Development of ETH-Based Stablecoin
20.6.2024
The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than...
Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
19.7.2023
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank...
Biggest Bank in Australia to Limit Transfers to Crypto Exchanges
9.6.2023
Commonwealth Bank of Australia plans to restrict payments to crypto trading platforms, citing the threat of scams. The measure would deal another blow to digital asset exchanges operating in the country where it has been getting harder to deposit funds for cryptocurrency operations. Crypto Traders...
Major Australian bank to decline ‘certain’ payments to crypto exchanges
8.6.2023
James Roberts, Commonwealth Bank General Manager of Group Fraud Management Services cited a huge scale of "investment scams" involving crypto exchanges
Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhao
1.6.2023
Acquiring a bank wouldn’t solve the issues with banking for Binance or others, the CEO of the largest crypto exchange is convinced. Speaking in the aftermath of the collapse of crypto-friendly banks in the U.S. and amid Binance’s issues with payment providers in Australia, Changpeng Zhao said...
National Australia Bank Becomes Second Australian Bank to Build Stablecoin: Report
19.1.2023
The National Australia Bank (NAB), one of the four biggest Australian banks, has created a stablecoin called AUDN
Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases
10.8.2022
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases and intends to develop a limited-scale pilot. Central Bank of Australia Working on Digital...
Aussie banks ANZ and NAB won’t 'endorse' retail speculation on crypto
1.6.2022
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering
Another Major Bank to Begin Offering Bitcoin, Ether & Altcoin Services
3.11.2021
Another major bank in the Asia-Pacific area has taken the crypto plunge, with Australia’s Commonwealth Bank (CBA) stating that it will become the first mainstream financial provider in the nation to allow its customers to buy, sell and hold cryptoassets such as bitcoin (BTC) and ethereum (ETH)...