Banking News
Australian Regulator Lays Out Crypto Industry Regulatory Roadmap
The Australian Prudential Regulation Authority (APRA) this week revealed its preliminary risk management expectations for regulated entities...
AUSTRAC Releases Guide to Detect and Prevent Illicit Crypto Activity
The Australian Transaction Reports and Analysis Centre (AUSTRAC) published two guides this week with hopes of helping Aussies detect and pre...
Commonwealth Bank Issues Scam Alert Over False Crypto Platform Partnership Report
The Commonwealth Bank of Australia (CBA) issued a scam alert this week to notify the public about a false article circulating on social medi...
ETH Developer Virgil Griffith Sentenced to 5 Years for North Korea Crypto Trip
A New York US Federal Court judge has sentenced former Ethereum developer Virgil Griffith to 63 months in prison and fined him $US100,000 fo...
Commonwealth Bank’s Crypto App Delayed Due to Regulatory Hurdles
The Commonwealth Bank of Australia’s (CBA) plan to offer 10 popular cryptocurrencies to customers through its banking app has been delayed...
80% of Central Banks Are Considering Launching a CBDC
At least 80 percent of the world’s banks are considering launching a central bank digital currency (CBDC), according to a report from ...
MetaMask iOS Update Allows Users to Buy Crypto Using a Credit Card
MetaMask now allows iPhone and Apple Pay users to buy crypto using a debit or credit card through its mobile application, eliminating the ne...
Mastercard Partners with Aussie Crypto Exchange in Effort to Tackle Debanking
Australian crypto exchange BTC Markets has entered a partnership with Mastercard, allowing it to accept card payments. This will mean more o...
Australia Explores Multi-CBDC Platform For International Settlements
The central banks of Australia, Singapore, Malaysia and South Africa, in conjunction with the Bank for International Settlements (BIS), have...
ANZ Becomes First Bank to Mint Aussie Dollar Stablecoin A$DC
Australia and New Zealand Banking Group Limited (ANZ) has concluded a historic transaction in which its newly created stablecoin pegged to t...
ANZ Bank Exploring Hedera DeFi Services For Its 8.5 Million Customers
Australia and New Zealand Banking Group (ANZ), one of Australia’s ‘Big Four’ banks, is tapping into the growing demand for...
US Bank Facilitates First Over-The-Counter Bitcoin Transaction
Goldman Sachs (GS) has become the first financial institution to make an over-the-counter (OTC) crypto options trade as it expands its digit...