Many people are looking towards cryptocurrencies and the possibility of investing in them. As most people have come to realize, there is a lot of money worth making in the crypto market. And as more investors start making their way into the crypto market, banks and other financial institutions are making their way to the market as well.

Most banks around the world are starting to implement cryptocurrency services for their customers. And despite these same banks were initially looking to shut cryptocurrencies down because they were too different. But after witnessing its success, they have moved to better prepare for the crypto revolution.

The commonwealth bank in Australia has announced that they will start offering their customers crypto options to invest in as well. Therefore, it is easy to see that these different banks are also looking to compete in the market. While they have not specified the different cryptocurrencies that they will offer, people have speculated that the major bank will offer the big three. These include Bitcoin, Ethereum, and even Dogecoin. However, they might change their mind about Dogecoin, given that Shiba Inu is also becoming much more popular.

But when considering the fact that one of the largest banks in the country has started offering cryptocurrencies, one would expect others to start offering their services as well. However, there has been a very surprising lack of banks and financial institutions that are taking an interest in crypt. And the main reason for that is the fact that regulation for the relatively new asset is still up in the air. People know nothing about the crypto market, and it seems that these major institutions are in the same ball park.

The largely unregulated market means that there is no way to properly get a grip on the market. The best that people can do is look at previous cryptocurrency cases to see where current trends will go. But that has not stopped one of the biggest banks in the country from getting in on the action.

The CBA has decided to make its move into the industry, fueled by profit and overall scope surrounding it. They believe that joining the market will allow them to learn more about it and help their customers learn more about it as well.

Australia is looking to better regulate the crypto market with the country, as it can lead to issues in the future. Of course, this happens to be a move that even cryptocurrency owners seem to be in support of. They believe that better regulation will bring in more new investors, which can help the crypto market grow significantly.