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News by FinTech Collective Archive

Australia's CBA offers crypto trading, breaks ranks with industry

Sarah Wolter

November 4, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

Australia's biggest lender said it will partner with New York-based exchange Gemini Trust Company LLC to offer a "crypto exchange and custody service" through a new feature in its mobile banking app that is used by about 6.4m customers.

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"We believe we can play an important role in crypto to address what's clearly a growing customer need," Commonwealth Bank Chief Executive Matt Comyn said in a statement.

https://www.reuters.com/business/cop/australias-cba-leads-industry-offer-in-app-crypto-trading-2021-11-02/

More posts by Sarah Wolter

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