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Australia's Largest Bank is Planning to Add Crypto Support to Its App
Summary: The Australian Financial Review reported Tuesday that Commonwealth Bank, the country's top bank, is planning to integrate crypto into its digital app. Citing sources with knowledge of the process, the AFR said that the bank will announce the ability to buy and hold bitcoin, as well as other digital assets. Per the report, the added ...
The Australian Financial Review reported Tuesday that Commonwealth Bank, the country's top bank, is planning to integrate crypto into its digital app.
Citing sources with knowledge of the process, the AFR said that the bank will announce the ability to buy and hold bitcoin, as well as other digital assets. Per the report, the added support will begin next year.
An announcement is expected Wednesday. The AFR also said that Commonwealth Bank may also make public deals with Gemini, a U.S.-headquartered exchange, and Chainalyis, a blockchain analytics firm, both of which will be playing support roles for the app integration.
By Amy Liu
Tags: Australia,Commonwealth Bank,Crypto
Link: Australia's Largest Bank is Planning to Add Crypto Support to Its App [Copy]
