Australia’s CBA Offers Crypto Trading
Commonwealth Bank of Australia will become the country’s first main-street bank to offer a platform for retail customers to trade cryptocurrencies, breaking industry ranks as it looks to match offerings from rival fintech firms.
Australia’s biggest lender said it will partner with New York-based exchange Gemini Trust Company to offer a “crypto exchange and custody service” through a new feature in its mobile banking app that is used by about 6.4 million customers.
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