A large Australian bank CBA will offer users crypto tools
It will be the first financial institution in the country to allow transactions with virtual assets
03.11.2021 - 09:45
703
1 min
0
.
What's new? A large financial conglomerate from Australia, Commonwealth Bank of Australia (CBA), will be the first in the country to offer clients cryptocurrency transaction tools. This is reported in the institution’s statement.
What tools will the bank offer users? Commonwealth Bank will allow customers to exchange cryptocurrencies, as well as store them in a custodial wallet. 10 virtual currencies, including Bitcoin and Ethereum, will be available for transactions.
The pilot launching of the toolkit is scheduled for next week. At the same time, the first clients will get access to it.
Who will help the bank? Gemini, a well-known cryptocurrency exchange, will assist the Australian bank in the implementation of the project. The platform's tools will be integrated into the conglomerate's mobile application.
What is known about the bank? CBA is one of the top 4 largest banks in Australia. The conglomerate has not always treated cryptocurrencies positively. In 2018, it banned users from buying digital assets from credit cards.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$98 015
BTC
-0.36%
-
Ethereum
$3 368.89
ETH
-1.87%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.41
XRP
-4.95%
-
Dogecoin
$0.423746
DOGE
-4.22%
-
Cardano
$1.02
ADA
-5.97%
-
Stellar XLM
$0.519667
XLM
-14.92%
-
Polkadot
$8.73
DOT
-7.3%
-
Bitcoin Cash
$511.32
BCH
-1.91%
-
Litecoin
$96.66
LTC
-5.49%