Commonwealth Bank of Australia plans to add cryptocurrency support to its app.

The Commonwealth Bank of Australia is planning to integrate cryptocurrency into its digital applications. A source familiar with the process said the bank would announce the ability to buy and hold Bitcoin and other digital assets. According to reports, the new support will begin next year. An announcement is expected on Wednesday. In addition, the bank may also conduct public transactions with the US-based exchange Gemini and blockchain analysis company Chainalyis, both of which will provide support for its application integration.