The pilot will start in the coming weeks with more features to come in 2022

Australia’s first bank to offer crypto trading. Source: pexels.com

Commonwealth Bank (CBA) will soon offer customers the ability to buy, sell and hold crypto assets, directly through the CommBank app.

CBA has partnered with one of the world’s largest regulated crypto exchanges and custodians, Gemini, and a blockchain analysis firm, Chainalysis.

Both partnerships have allowed the bank to design a crypto exchange and custody service that will be offered to customers through a new feature in the app.

According to the press release, CBA will provide customers with access to up to 10 selected crypto assets including Bitcoin, Ethereum, Bitcoin Cash and Litecoin.

We’ve reported that half of Hispanic Gen Z’s were never offered a financial education class in school.

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