Commonwealth Bank of Australia identifies menaces in missing out on crypto

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The Commonwealth Bank of Australia’s (OTC: CMWAY) (CBA) CEO, Matt Comyn, stated that the bank is more concerned with the risks of missing out on cryptocurrency than with the risks of adopting it.

The CBA is set to become the first of Australia’s “big four” banks to offer cryptocurrency-based services after announcing on November 3 that it would support the trading of 10 digital assets directly through its banking app.

Story by : Norvisi Mawunyegah