Commonwealth Bank of Australia News

The Commonwealth Bank of Australia is a multinational bank with businesses in United Kingdom, United States, New Zealand and some Asian countries. The Commonwealth Bank of Australia was established as a governmental bank in 1911 but was fully privatized in 1996. It is headquartered in Sydney, Australia. It has divisions in retail banking services, business and private banking, institutional banking and markets, international financial services and wealth management. The Commonwealth Bank of Australia’s stock prices steadily grew since its privatization until the crisis of 2008, when it went down to a price similar to that of 2002. It recovered pretty quickly and the Commonwealth Bank of Australia’s stock reached its historical high in March 2015, when its price was close to 96 Australian dollars. The Commonwealth Bank of Australia’s NetBank is considered to be the best online bank in Australia and is available via web services and mobile applications.
“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.
Commonwealth Bank of Australia recognizes risks in missing out on crypto
Brian Quarmby
“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 bankin...
ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored
Brian Quarmby
The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ether, Bitcoin Cash and Litecoin.
Commonwealth Bank to enable crypto trading for 6.5M Aussies, ‘other banks will follow’
Brian Quarmby
Speaking on a panel as part of the Senate inquiry into “Australia as a Technology and Financial Centre,” three crypto firms outlined their de-banking experience...
Australian crypto businesses tell Senate inquiry about being de-banked up to 91 times
Brian Quarmby
New Year Special
Australia's crypto ecosystem thrives despite the pandemic, with DeFi booming, a five-year blockchain roadmap and institutional adoption.
Australia's crypto ecosystem 2020: The spark for a DeFi explosion
Andrew Fenton
Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days.
Three of Australia's "big four" banks bring bank guarantees on blockchain
Mohammad Musharraf
The Commonwealth Bank of Australia is working on a token and a blockchain trading platform meant to facilitate investments in sustainable development.
Australia’s Biggest Bank Says Its ‘BioTokens’ Can Help the Environment
Adrian Zmudzinski
Austrac, Australia’s financial crime control agency, has alleged that the Commonwealth Bank of Australia had delayed or failed to report more than 50,000 cases ...
Drug Rings Use ATMs to Launder Money, Bitcoin Not Involved
Jacob J

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