Retracted: NAB Leverages Ripple’s XRP for Transparent Global Payments

Retraction: DailyCoin has taken this story down after new information came to light.

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Banking is ‘slowly dying’ — Former TradFi execs on reasons for joining crypto

Cointelegraph spoke to former senior executives in traditional finance who've made the move to crypto. Would they ever go back?

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NAB Leverages Ripple’s XRP for Transparent Global Payments

NAB joins forces with Ripple, harnessing XRP's power for faster, cheaper cross-border transactions and enhanced innovation.

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National Australia Bank makes first-ever cross-border stablecoin transaction

The “Big Four” Australian bank is the second to issue a stablecoin and hopes to support transactions by corporate clients by the end of the year.

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National Australia Bank to Launch Ethereum-Based Stablecoin

NAB will introduce an Ether-based Australian dollar-pegged stablecoin. Reports say the AUDN stablecoin streamlines cross-border transfers and carbon credit trading. (Read More)

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NAB’s Stablecoin Launch Could Shake Up the Traditional Banking Industry

National Australia Bank plans to launch a stablecoin called AUDN in mid-2023 for real-time transactions using Australian dollars.

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Australian Banking Association’s cost of living inquiry reveals bank pressure

The trade association for the Australian banking industry — Australian Banking Association (ABA) — launched a cost of living inquiry to closely study the impact of the COVID-19 pandemic, global supply chain constraints and geopolitical tensions, among others, on Australians. An analysis of the rising inflation and concurrent collapse of three major traditional banks — [...]

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National Australia Bank blocks millions in crypto transactions citing scam concerns

National Australia Bank (NAB) blocked over A$270 million (around $184 million) in customer payments that raised scam concerns during the last four months, according to a July 17 statement. NAB blocking payments to ‘high-risk’ cryptocurrency exchanges NAB stated it stopped an undisclosed amount of transactions to crypto platforms where scams were prevalent between March and […]

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Crypto Scams: NAB Implements Measures To Safeguard Customers

In a bid to shield its customers from the rising risk of crypto scams, National Australia Bank (NAB) has announced a series of measures to combat fraudulent activities. The bank, which recently halted millions in payments between March and July 2023, will now implement blocks on select cryptocurrency platforms notorious for scams. Cryptocurrency Scams On […]

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