Commonwealth Bank Pushes Australia Into the Lead in Cryptocurrency: Expert

Commonwealth Bank Pushes Australia Into the Lead in Cryptocurrency: Expert
A photo shows some cryptocurrencies. Pixabay
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The Commonwealth Bank of Australia’s (CBA) decision to offer cryptocurrency services to customers has pushed Australia into becoming a leader in the industry, an expert said.

CBA announced on Nov. 3 that it would partner with crypto exchange and custodian service Gemini and blockchain analysis company Chainalysis to become the first Australian bank to offer customers crypto services.