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Australia’s CBA first to offer retail crypto-services in the country
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Australia’s Commonwealth Bank (CBA) is set to become the country’s first banking institution to allow its customers to buy, sell, and hold crypto-assets. On 3 November, the CBA announced strategic partnerships with global crypto-exchange Gemini and blockchain analysis firm Chainalysis.
Here, it is noteworthy that the CBA is Australia’s largest bank and no other bank has offered retail crypto-services in the country before. Going forward, the bank’s CommBank app will incorporate crypto-exchange
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