HSBC Australia to block all payments to crypto exchanges, citing scams
At least six big Australian banks have taken such action now — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy. This post was originally published on this site
Banking is ‘slowly dying’ — Former TradFi execs on reasons for joining crypto
Cointelegraph spoke to former senior executives in traditional finance who’ve made the move to crypto. Would they ever go back?This post was originally published on this site
National Australia Bank makes first-ever cross-border stablecoin transaction
The “Big Four” Australian bank is the second to issue a stablecoin and hopes to support transactions by corporate clients by the end of the year.This post was originally published on this site
The Reserve Bank of Australia to explore use cases for CBDC
The pilot project will last a year, and the details for potential participants will be published in the next few months. This post was originally published on this site