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Commonwealth Bank of Australia recognizes risks in missing out on crypto -Breaking

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Matt Comyn (CEO of the Commonwealth Bank of Australia) stated that the bank was more concerned with the risk of crypto adoption than about those related to it.

The CBA is set to become the first of the “big four” banks in Australia to Offer crypto-based servicesThe company had announced that, on November 3, it would allow 10 digital assets to be traded directly through its banking app.

ASIC holds no FOMO and can’t regulate the sector