Category: Austrilia
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Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto
The CEO of Australia’s largest bank, Commonwealth Bank of Australia (CBA), sees significant risks in not investing in bitcoin. He explained, “We see risks in participating, but we see bigger risks in not participating.” In an interview with Bloomberg Television in Sydney on Thursday, Commonwealth Bank of Australia CEO Matt Comyn discussed the fear of missing out (FOMO) when it comes to bitcoin and cryptocurrency. The Commonwealth Bank of Australia, or Commbank, is an Australian international bank with operations in New Zealand, Asia, the United States, and…