Australia’s largest commercial bank to offer crypto currency trading

[mlawson71]

In a revolutionary move one of the four largest banks in Australia, the Commonwealth Bank (CBA) has announced that it will allow its customers to buy and sell crypto currencies on its platform, establishing a precedent in the banking sector in the country.
This service will apparently be available to CommBank app users – and there are more than 6.5 million of them. They will be able to use the app to trade Bitcoin, Ethereum and Litecoin, as well as ten more major digital coins.
The bank announced that it will partner with New York- based exchange Gemini Trust Company LLC to offer these services.
Source
I think this is a major turning point for the industry, like El Salvador's decision to implement Bitcoin as a legal tender was.

[TomPluz]

A big turning point indeed for the people of Australia as they now have a good option and access to cryptocurrency with the help of this popular banking institution. Well, s what I am always saying, banks are now feeling the magnet of cryptocurrency all because this is a good way for them to make more money and where the money is banks will be there for you as long as it is not getting into an illegal business. Now, this can also get noticed by other banks who soon will be thinking of also joining the crypto party.