
Cryptocurrency may have found some of its first uses on the dark web, but increasingly it’s being considered and traded as a legitimate asset. A large part of what is underpinning its legitimacy is the growing number of large corporations actively participating in the space.
In Australia, the first that signalled its plans to enter the market was the Commonwealth Bank of Australia (CBA) when it announced in November it would begin offering customers the ability to buy, sell, and hold crypto assets through its mobile Commbank app. A pilot program of this feature is currently underway.
Speaking to ZDNet, CBA head of blockchain and digital assets Sophie Gilder said the strategic move for the…