anz – DIGIT INFO

Major Aussie bank takes next step to AUD stablecoin after Chainlink test transaction

DIGIT — Fri, 15 Sep 2023 06:56:41 +0000

ANZ’s banking executive Nigel Dobson says the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar.

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Australian ‘Big Four’ bank ANZ halts cash withdrawals from many branches

DIGIT — Fri, 31 Mar 2023 06:39:56 +0000

The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is near.

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Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss

DIGIT — Wed, 03 Aug 2022 04:38:39 +0000

The crypto contagion only hurt entities that poorly managed their treasuries, but didn’t affect the underlying blockchain technology, he said.

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ANZ’s stablecoin used to buy tokenized carbon credits

DIGIT — Mon, 27 Jun 2022 03:24:59 +0000

The latest A$DC transaction saw ANZ’s institutional partner Victor Smorgon use A$DC to purchase Australian Carbon Credit Units from blockchain-based carbon trading platform BetaCarbon.

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Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto

DIGIT — Wed, 01 Jun 2022 00:59:40 +0000

Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering.

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ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored

DIGIT — Fri, 05 Nov 2021 02:47:08 +0000

“When you look under the hood on that, we’ve concluded that this is a major protocol shift for financial market infrastructure,” said Nigel Dobson, ANZ’s Banking Services Portfolio Lead.

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Commonwealth Bank to enable crypto trading for 6.5M Aussies, ‘other banks will follow’

DIGIT — Wed, 03 Nov 2021 01:34:41 +0000

The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin.

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Three of Australia’s “big four” banks bring bank guarantees on blockchain

DIGIT — Tue, 01 Sep 2020 09:24:00 +0000

Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days.

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Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation

DIGIT — Sun, 14 Apr 2019 08:05:28 +0000

Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards. Also Read: Lithuania to Adopt Crypto Regulations Even Stricter Than the EU’s Credit Card Cryptocurrency Purchases […]

The post Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation appeared first on Bitcoin News.

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Australian Banks Fraudulently Collected Fees From Deceased Customers

DIGIT — Wed, 06 Feb 2019 11:35:56 +0000

A national inquiry into the misconduct of Australia’s banking sector has revealed profit-driven malpractice that has shattered customer trust. Some of the country’s largest banks were found guilty of making families homeless and charging fees for non-existent services, sometimes to dead customers. They also caused clients to lose hundreds of millions of dollars through misleading […]

The post Australian Banks Fraudulently Collected Fees From Deceased Customers appeared first on Bitcoin News.

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