News with the tag "Commonwealth Bank"

The Reserve Bank of Australia (RBA) announced it had cut interest rates by 25 basis points to 4.10%. This is the first easing since November 2020, when the central bank cut rates while grappling with the pandemic’s economic slowdown. Australia’s central bank announced it cut rates for the first time...

A distressing financial ordeal has unfolded as a young Australian couple, Elli Houston (21) and Trae Murphy (23), alleges that tens of thousands of dollars mysteriously vanished from their Commonwealth Bank account. The couple initiated a substantial AUD 90,000 transfer, equivalent to approximately ...

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.

Rostin Behnam proposed that the CFTC might modify regulations to fit the special risk profiles of cryptocurrencies. The post CFTC Chair Calls for Greater Oversight of Bitcoin and Ether appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

Commonwealth Bank of Australia, the largest bank in the nation, has recently expanded its ETF offerings by adding the Monochrome Bitcoin ETF (IBTC) to the list. The Monochrome Bitcoin ETF in Australia started trading on June 3. Since inception, the ETF witnessed significant adoption from locals and ...

In a landmark development, Commonwealth Bank of Australia (CBA) has introduced the Monochrome Bitcoin ETF (IBTC) on its trading platform. The bank has provided Bitcoin ETF investment opportunities to its vast customer base of 17 million. This move underscores CBA’s proactive stance in catering to th...

Commonwealth Bank of Australia plans to restrict payments to crypto trading platforms, citing the threat of scams. The measure would deal another blow to digital asset exchanges operating in the country where it has been getting harder to deposit funds for cryptocurrency operations. Crypto Traders i...

Summary: The measures introduced by the CBA include holds, declines, and limits on outgoing transfers to crypto exchanges. CBA will also introduce a monthly $10,000 limit on these transactions in the coming months. James Roberts, Commonwealth Bank General Manager of Group Fraud Management Services s...

The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours.

Australia's Commonwealth Bank has halted payment to crypto exchanges in a bid to prevent fraud from the industry The post Commonwealth Bank Halts Payments to Crypto Exchanges appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .