Sophie Gilder – Head of Blockchain and Digital Assets at Commonwealth Bank of Australia (CBA) – revealed that the financial institution could start offering more cryptocurrency services to clients. She further disclosed that the organization seeks to double the size of its blockchain team in the months to come.
‘Crypto is Here to Stay’
Australia has been gradually expanding its presence in the cryptocurrency universe in recent months. At the end of 2021, the nation’s biggest financial institution – Commonwealth Bank of Australia (CBA) – announced it will enable its customers to buy, sell, and hold digital assets, including bitcoin and ether. Thus, it became the first Aussie organization to provide such opportunities.
Speaking at Australia’s Blockchain Week conference, Sophie Gilder – a top executive at the CBA – said users have displayed huge enthusiasm towards the initiative:
“We launched CommBank crypto in December, and so far, the response has been extremely po
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