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Australia’s Commonwealth Bank to Partially Restrict Payments to Crypto Exchanges

“With the incidences of scams increasing and in many cases customers suffering significant losses from being scammed, the introduction of 24 hour holds, declines and limits on outbound payments to cryptocurrency exchanges will help reduce both the number of scams and the amount of money lost by customers," James Roberts,

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Commonwealth Bank’s plans to expand crypto services to 6.5M delayed by red tape

Financial regulators are standing in the way of expanded crypto services on Commonwealth Bank of Australia’s (CBA) mobile app. In an Australian first, the bank aims to grant all of its 6.5 million users access to cryptocurrency services.The CBA’s crypto products started a pilot of the services late last year

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Australia’s Commonwealth Bank Lets Customers Trade Crypto Directly Through Its App – Finance Bitcoin News

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 services. Commonwealth Bank Begins Offering Crypto Services Commonwealth Bank

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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 “inevitable” that the other ‘big four’ banks including National Australia

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Australian Central Bank, Commonwealth, National Australia Bank Partner on CBDC Research Project

The Australian central bank announced Monday it’s partnering with Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software to explore the possible use and implications of a wholesale form of central bank digital currency (CBDC) using distributed ledger technology (DLT). Source

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