Australia’s largest bank blocks payments to digital asset exchanges
The Commonwealth Bank of Australia announced that it’s blocking ‘certain’ payments to some exchanges to curb scams but didn’t reveal the affected exchanges.
The Commonwealth Bank of Australia announced that it’s blocking ‘certain’ payments to some exchanges to curb scams but didn’t reveal the affected exchanges.
World Bank has selected the Commonwealth Bank of Australia (CBA) as the only entity to participate in the trial, which centers on a blockchain-based bond worth $73 million.
: The Commonwealth Bank of Australia—Australia’s largest bank—announced that they have been tapped by the World Bank to arrange the world’s first fully blockchain processed bond.
The project enables access to real-time updates and documentation on the location, condition, and authentication of goods through IoT devices.
In total, three of the four biggest banks in the country have taken a permissive to supportive position, while the fourth has remained silent on the subject
Cryptocurrency investors in Australia are reporting their accounts with some of the country’s leading banks are being frozen due to cryptocurrency exchanges.