FILE PHOTO: Australia's Commonwealth Bank logo is pictured at a branch in Sydney, August 2, 2014. REUTERS/David Gray/File Photo
SYDNEY (Reuters) -Commonwealth Bank of Australia will become the country's first to offer retail clients crypto services, Australia's largest bank said on Wednesday, marking a change from the sector that had refused to do business with cryptocurrency providers.
Starting with a pilot this year, Commonwealth Bank will partner with Gemini Trust Company LLC, a New York-based crypto exchange, to offer trading in 10 cryptocurrencies through its banking app, which is used by about 6.4 million customers.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
