Does CBA have a crypto exchange?

A spokesperson for CBA, the country's largest bank, declined to name the crypto exchanges involved. The bank said it would also from Thursday hold certain payments to crypto exchanges for 24 hours and soon introduce a monthly A$10,000 ($6,666) transfer limit to crypto exchanges.

Why did CBA pause its in-app cryptocurrency trading launch?

CBA paused its own in-app cryptocurrency trading launch last year, when digital asset markets underwent a broad-based sell-off and uncertainty swelled around exchange liquidity. The bank previously said it would allow customers to buy and sell cryptocurrency through its app, but stopped the pilot without announcing a new timetable.

When will CBA start launching cryptocurrencies?

The pilot will start in the coming weeks and CBA intends to progressively rollout more features to more customers in 2022. CBA will provide customers with access to up to ten selected crypto assets including Bitcoin, Ethereum, Bitcoin Cash and Litecoin.

Will CBA be able to invest in cryptocurrencies in Australia?

Steve Vallas, CEO of Blockchain Australia, said in offering 10 crypto investments to its customers, CBA had provided “a clear signal that regulatory certainty will be sufficient for this to be able to operate. When combined with Bragg and international developments, it says: there is enough certainty to proceed,” he said.