Commonwealth Bank executive James Roberts cited a huge scale of “investment scams” involving crypto exchanges.
Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering.
Commonwealth Bank of Australia recognizes risks in missing out on crypto
“We see risks in participating, but we see bigger risks in not participating,” said CBA CEO Matt Comyn on the bank’s recent crypto adoption play.
ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored
“When you look under the hood on that, we’ve concluded that this is a major protocol shift for financial market infrastructure,” said Nigel Dobson, ANZ’s Banking Services Portfolio Lead.
CommBank Develops Blockchain Marketplace to Boost Sustainable Development, Biodiversity
The prototype blockchain marketplace is aimed to support sustainable development and reward landowners for protecting the environment.
World Bank, CommBank Team Up for ‘World First’ Blockchain Bond Transaction
The World Bank says its new debt instrument “bond-i” is the first bond to have both issuance and trading recorded on a blockchain.
Australia’s CSIRO, CommBank Complete ‘Smart Money’ Blockchain Trial
Australia’s federal science agency CSIRO and CommBank have trialed a blockchain payments prototype they say could save “hundreds of millions” a year.
Australia Wants Citizens With Disability to Settle Insurance on a Blockchain
Australians with disabilities may soon have an easier way to settle insurance payments, thanks to a blockchain initiative from CommBank and CSIRO.
World Bank’s Blockchain Bond Experiment Raises $81 Million
The World Bank’s blockchain bond raised $110 million AUD, and is based on a private ethereum network.
The World Bank Is About to Settle a Blockchain Bond Worth $73 Million
The World Bank is expected to settle its first blockchain-based bond worth $73 Million at the end of this month.
World Bank Taps Australia’s CommBank to Issue Its First Blockchain Bond
The Commonwealth Bank of Australia has been chosen by the World Bank Group to help issue a bond on a blockchain.
Commonwealth Bank Claims Success in Global Trade Blockchain Trial
Commonwealth Bank of Australia has announced the completion of a cross-border shipment that was tracked with blockchain.