Commonwealth Bank of Australia recognizes risks in missing out on
Matt Comyn, the CEO of the Commonwealth Bank of Australia (OTC:) (CBA), said that the bank is more concerned about the risks of missing out on crypto than those associated with its adoption.
The CBA is set to become the first of the “big four” banks in Australia to offer crypto-based services, after the company announced on Nov. 3 that it will support the trading of 10 digital assets directly via its banking app.
ASIC holds no FOMO and can’t regulate the sector
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