Westpac News

ANZ’s banking executive Nigel Dobson says the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar.

This week’s Crypto Biz explores Elon Musk’s plans for X, the Italian central bank’s take on DeFi, PacWest’s merger with Banc of California and more.

Simon Callaghan said that efforts need to start on social media and telecommunication channels where most cryptocurrency scams originate.

During a panel at the Australian Blockchain Week, executives from Australia’s major banks explained why they added restrictions on payments to local crypto exchanges.

The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is near.

This marks the second “Big Four” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.

The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ether, Bitcoin Cash and Litecoin.

Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days.

Amid India’s sudden currency reforms, cash is facing a global crackdown as governments move to take control over transactions, the paper in citizens’ pockets.

Instant cryptocurrency exchange ShapeShift has completed its fund-raising of US$1.6 million; Nick Szabo says banks must go permissionless to get all of blockchain’s benefits, and more top stories for September 9.

Cointelegraph has compiled a list of some of the most notable banking giants experimenting with Bitcoin’s underlying technology.

Two of Australia's "big four banks," Westpac Banking Corporation and the Australia and New Zealand Bank Group (ANZ), are trialing Ripple payments for faster and lower-cost cross-border payments.