[1] With the rise in the use of cryptocurrencies globally, Australian banks are now starting to come together to pave way for the adoption of the currencies in Australia.
[2] The Senate Economics References Committee recently released a report related to the Inquiry into digital currency and recommended a ‘wait and see’ approach before imposing heavy regulation on cryptocurrencies in Australia.
[3] Australian Banks that currently using the technology that underpins many cryptocurrencies include Commonwealth Bank of Australia, Westpac and ANZ Bank.
[Source] Australian Information Technology News – Roundup of Australian banks using cryptocurrency technology