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National Australia Bank

National Australia Bank kills off stablecoin project

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25 June, 2024

National Australia Bank kills off stablecoin project

NAB started work on the AUDN stablecoin in 2022 and thought clients would use it to settle cross-border transactions, but...

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19 July, 2023

National Australia Bank bans payments to ‘high risk’ digital asset exchanges to curb scams

Binance may be among the targets of the new crackdown, with NAB saying that half of all scams in Australia...

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18 July, 2023

Binance fires staff, cuts benefits, ditches sponsorships, claims ‘this is fine’

Binance’s layoffs could top 3,000 by year’s end, according to an exchange staff who claimed that the U.S. Department of...

Australian commercial bank launches stablecoin for cross-border transactions

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18 March, 2023

Australian commercial bank launches stablecoin for cross-border transactions

The fully-banked stablecoin will enable transactions across seven leading fiat currencies, including the U.S. dollar, euro, and yen, in an...

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