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HSBC Australia to block all payments to crypto exchanges, citing scams
25.7.2024
At least six big Australian banks have taken such action now — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy
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...
Today in Crypto: US Court Issues a Summons for Binance's CZ, EU Targets Instagram, YouTube, TikTok & Twitter Over Crypto Ads, Commonwealth Bank of Australia Limits Customers' Ability to Send Money to Crypto Exchanges
8.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Court Issues a Summons for Binance's CZ, EU Targets Instagram, YouTube, TikTok & Twitter Over Crypto...
Australia's Commonwealth Bank Will Partially Restrict Payments to Crypto Exchanges
8.6.2023
The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours
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
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
Stocks Hurt US Households More Than Crypto, Commonwealth Bank Pauses Crypto Plans, Bitcoin PizzaDAO + More News
20.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Stocks Hurt US Households More Than Crypto, Commonwealth Bank Pauses Crypto Plans, Bitcoin PizzaDAO + More News
Commonwealth Bank puts crypto trading trial on ice as regulators dither
20.5.2022
Commonwealth Bank of Australia CEO Matt Comyn insists his bank will move forward with the second pilot of crypto services on its app once regulatory uncertainty is cleared up
Commonwealth Bank's Crypto Services Face Regulatory Delays: Report
7.4.2022
There are a bunch of rules that you need to follow, regulator Cathie Armour said talking about the country's policies
Commonwealth Bank's plans to expand crypto services to 6.5M delayed by red tape
7.4.2022
One of Australia’s biggest banks is still wading through a sea of red tape spun by local financial regulators before launching its crypto products to all of its retail users
Commonwealth Bank of Australia recognizes risks in missing out on crypto
23.11.2021
“We see risks in participating, but we see bigger risks in not participating,” said CBA CEO Matt Comyn on the bank’s recent crypto adoption play
Crypto FOMO: Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto
21.11.2021
The CEO of Commonwealth Bank of Australia (CBA), the country’s largest bank, sees big risks in not participating in cryptocurrency. “We see risks in participating, but we see bigger risks in not participating,” he explained. Crypto FOMO, Banks Need to Get Involved, Says CEO...
ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored
5.11.2021
“When you look under the hood on that, we've concluded that this is a major protocol shift for financial market infrastructure,” said Nigel Dobson, ANZ’s Banking Services Portfolio Lead
Australia’s Commonwealth Bank Lets Customers Trade Crypto Directly Through Its App
4.11.2021
The Commonwealth Bank of Australia (CBA), the country’s biggest bank, is providing customers with the ability to buy, sell, and hold crypto assets directly through its app. The bank has partnered with crypto exchange Gemini and blockchain analytics firm Chainalysis to provide crypto...
Commonwealth Bank to enable crypto trading for 6.5M Aussies, 'other banks will follow'
3.11.2021
The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin
Australia's crypto ecosystem 2020: The spark for a DeFi explosion
20.12.2020
The Australian crypto ecosystem has flourished despite the pandemic, with a booming DeFi sector, a five year blockchain roadmap and the embrace of the technology by banks and the finance sector
Three of Australia's "big four" banks bring bank guarantees on blockchain
1.9.2020
Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days
The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt
21.8.2019
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...
CommBank Develops Blockchain Marketplace to Boost Sustainable Development, Biodiversity
21.8.2019
The prototype blockchain marketplace is aimed to support sustainable development and reward landowners for protecting the environment
Australia’s Biggest Bank Says Its ‘BioTokens’ Can Help the Environment
21.8.2019
The Commonwealth Bank of Australia develops tokens meant to enable investments in sustainable development