national australia bank

Australia open to idea of CBDC as future of money: RBA

The RBA assistant governor in his speech noted that the pilot CBDC projects have highlighted several key areas where CBDCs could be of great use.

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Banking is ‘slowly dying’ — Former TradFi execs on reasons for joining crypto

Cointelegraph spoke to former senior executives in traditional finance who’ve made the move to crypto. Would they ever go back?

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Australian Banking Association’s cost of living inquiry reveals bank pressure

An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if depositors decide to withdraw all funds.

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National Australia Bank made first-ever cross-border stablecoin transaction

The “big four” Australian bank is the second to issue a stablecoin and hopes to support transactions by corporate clients by the end of the year.

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The Reserve Bank of Australia to explore use cases for CBDC

The pilot project will last a year, and the details for potential participants will be published in the next few months.

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Australia’s crypto ecosystem 2020: The spark for a DeFi explosion

The Australian crypto ecosystem has flourished despite the pandemic, with a booming DeFi sector, a five year blockchain roadmap and the embrace of the technology by banks and the finance sector.

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PR: trade.Io Appoints Banking Veteran David Hannigan to Run OTC Desk

trade.Io Appoints Banking Veteran David Hannigan to Run OTC Desk Wednesday Lugano, Switzerland – trade.io, a leading cryptocurrency exchange and innovator of the industry’s leading liquidity pool, today announced that David Hannigan has joined the company as its Chief Dealer. David brings almost 30 years of trading and risk management experience, most notably his position as Senior VP at National Australia Bank, to his new role.

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Analysts Point to Regulatory Vacuum as Driving Australian Cryptocurrency Banking Woes

Analysts Point to Regulatory Vacuum as Driving Australian Cryptocurrency Banking Woes There are increasingly publicized challenges posed to the Australian cryptocurrency industry by the country’s ‘big four’ banks’ refusal to provide financial services to crypto companies. Many analysts are speculating that the issue will become the catalyst for the development of detailed regulations for the virtual currency era, arguing that the opaque nature of the current […]

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