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Australia's CBA leads industry to offer in-app crypto trading

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SYDNEY : Commonwealth Bank of Australia will become the country's first to offer retail clients crypto services, Australia's largest bank said on Wednesday, signalling a change from the sector that had refused to do business with cryptocurrency providers.Starting with a pilot this year, Commonwealth Bank

SYDNEY : Commonwealth Bank of Australia will become the country's first to offer retail clients crypto services, Australia's largest bank said on Wednesday, signalling a change from the sector that had refused to do business with cryptocurrency providers.

The move stands in contrast with CBA's three smaller peers, National Australia Bank , Westpac Banking Corp and Australia and New Zealand Banking Group Ltd which in September faced criticism for refusing to do business with cryptocurrency providers.

 

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