Commonwealth Bank puts crypto trading trial on ice as regulators dither
Cointelegraph
Published May 20, 2022 01:35AM ET
Updated May 20, 2022 03:20AM ET
The Commonwealth Bank of Australia (OTC:CMWAY) (CBA) has put its plans for a second pilot program of crypto trading services on hold indefinitely and cut off access to those in the first round of testing.
CBA sent Cointelegraph a transcript of a Tuesday bank briefing where CEO Matt Comyn said that he was still waiting on regulatory clarity. He also said that he was “working with a number of regulators very closely, as you would imagine, about the appropriate treatment of this particular product.”
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Written By: Cointelegraph
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