Matt Comyn, the CEO of the Commonwealth Bank of Australia (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. Speaking with Bloomberg TV on Friday, Nov. 19, Comyn was questioned on the CBA’s take on the crypto sector, with the CEO noting that: “We see risks …

One of the ANZ bank’s senior executives has told a Blockchain Australia forum that the crypto sector has grown too big to be ignored by traditional finance. The comments came a day after rival Commonwealth Bank announced that it would roll out crypto trading services for 10 digital assets via its Commbank app. The “State of Play” forum was held by Blockchain Australia on Nov. 4 and featured representatives from organizations including Mastercard, ANZ and NAB offering their take on the crypto sector in the wake of CBA’s play. Today we hosted the 'State of Play' with over 1200 registrations …