Sat. Sep 28th, 2024

Commonwealth Bank of Australia CEO Says Biggest Risk of Crypto Is Missing Out

Commonwealth Bank of Australia CEO Says Biggest Risk of Crypto Is Missing Out

Commonwealth Bank of Australia CEO Matt Comyn says cryptocurrencies are "very volatile and speculative," but the bigger risk banks face is not being part of adoptions in the technology underpinning them and the insatiable demand from customers to trade them. Comyn also discussed inflation risks, the 'great resignation" trend, and the bilateral relations between Australia and China in an exclusive interview with Bloomberg's Nabila Ahmed.

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