CBA's NZ unit fined $6.7M for money laundering breaches
Commonwealth Bank of Australia’s (ASX:CBA) New Zealand subsidiary, ASB Bank, has been hit with a $6.7 million fine.

Crypto journalist for Grafa, with nearly 10 years of experience covering blockchain, Web3, and NFT gaming trends. MBA & Economics grad.
Commonwealth Bank of Australia’s (ASX:CBA) New Zealand subsidiary, ASB Bank, has been hit with a $6.7 million fine.
Cardano founder Charles Hoskinson said Ripple could become one of the largest growth opportunities for Midnight, arguing that the privacy-focused sidechain can help expand XRP's role beyond payments into decentralised finance and tokenised assets.
Steadfast Group (ASX:SDF) entered into an exclusivity and process deed with a consortium comprising Amwins Group and Dragoneer Investment Group.
Northern Star Resources (ASX:NST) chair Michael Chaney has rejected a high-profile push by activist investor Elliott Management.
Alicanto Minerals (ASX:AQI) has secured firm commitments for a $30 million institutional placement.
Ether's futures market has undergone a significant deleveraging event, with total open interest falling 25% from US$16.6 billion in May to US$12.6 billion as traders reduce risk amid continued market weakness.
Australia's government expenditure on research and development crawled to $4.4 billion in 2024–25, marking a 1% increase from 2022–23.
The distinction between traditional finance and crypto will largely disappear by the end of the decade as blockchain technology becomes embedded throughout global financial infrastructure, according to Brickken CEO Edwin Mata.
Kraken has been named the official crypto exchange supporter of the FIFA World Cup 2026, securing a presence at the largest football tournament in history as digital asset firms return to major sports sponsorships.
Charter Hall Group (ASX:CHC) established a new $2 billion secured debt platform, completing a major refinancing of its balance sheet.