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Commonwealth Bank of Australia

World Bank Picks Australia’s CBA to Deliver ‘World’s First Blockchain Bond’ on Ethereum

The Commonwealth Bank of Australia (CBA), the country’s largest bank, has won a mandate from the World Bank to become the sole arranger of a bond exclusively created and managed on a blockchain. Dubbed ‘bond-I’ – Blockchain Offered New Debt Instrument- with a nod to Australia’s famous Bondi beach, the pioneering issue will be the The post World Bank Picks Australia’s CBA to Deliver ‘World’s First ...
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Crypto-Wary Australian Bank to Pay Record Fine For AML/KYC Violations

The Commonwealth Bank of Australia (CBA), which recently banned customers from buying cryptocurrency with credit cards, has agreed to pay AUD $700 million in addition to legal costs for violating anti-money laundering and anti-terrorist laws that delivered millions of dollars to drug dealers, according to ABC News. AUSTRAC, the federal financial agency, accused the bank The post Crypto-Wary Austra...
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