Banking News
$75 Billion Aussie Super Fund Hostplus: ‘Crypto is Too Big to Ignore’
One of Australia’s largest institutional investors believes that cryptocurrency as an investment is the economic elephant in the room, wit...
CBA Makes Investment in Winklevoss Twins’ Gemini in $400 Million Fund Raise
The Winklevoss twins have several claims to fame, the least of which is founding one of the more successful exchanges in the world, Gemini. ...
Outgoing RBA Policymaker Thinks CBDCs and Global Regulation Will Undermine Crypto
Dr Tony Richards, the soon-to-retire head of payments policy at the Reserve Bank of Australia (RBA), has warned local investors they should ...
AUSTRAC Issues Debanking Statement: ‘Australian Banks At Risk’
Australia’s anti-money laundering regulator AUSTRAC has issued a statement warning banks against closing accounts. The context is, jus...
$1 Trillion Banking Giant ING ‘Exploring’ Peer-To-Peer DeFi Lending
In the world of crypto, 2021 has been a watershed year – from bitcoin becoming legal tender to NFT mania and then, of course, the abso...
ANZ Banking Chief on Crypto: ‘There is a Weight of Money You Can’t Ignore’
Between 2009 and early 2020, crypto and traditional finance operated in parallel universes. Then in March 2020, everything changed. Crypto a...
CBA Becomes the First Bank in Australia to Support Crypto Purchases
The Commonwealth Bank of Australia (CBA) officially announced today, November 3, 2021, that it will be adding cryptocurrency services to its...
Nigeria Becomes First Leading African Economy to Launch a CBDC
The Nigerian government has finally released the eNaira, the African nation’s central bank digital currency (CBDC), joining the league of ...
French CBDC Trial Incorporating Smart Contracts Heralded a Success
Banque de France, the French central bank, has successfully completed its 10-month trial using Central Bank Digital Currencies (CBDC) in the...
Precedent Set? ANZ Settles Debanking Case Brought by Bitcoin Trader
Allan Flynn, crypto trader and owner of Australian local exchange BitcoinCanberra, has settled his first complaint with the ANZ bank after b...
Morgan Stanley CEO Admits Crypto ‘Isn’t a Fad’
Cryptocurrencies may not constitute a significant part of the business demand for Morgan Stanley, a top US investment financial institution,...
Study Postulates: Nearly 45% of Consumers Around the World Will Use Crypto for Payments by 2023
According to a report on worldwide payments by the Capgemini Research Institute, the global leader in independent analysis, the payment indu...