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Further Discussions => Banks & Cryptos => Topic started by: Sophie Robert on June 08, 2023, 06:36:03 PM

Title: Largest Australian Bank to Reject Certain Payments to Crypto Exchanges
Post by: Sophie Robert on June 08, 2023, 06:36:03 PM
Due to concerns over fraudulent activity, Australia’s biggest bank,“Common Wealth Bank(CBA)” announced its plans to either reject or delay specific payments made to crypto exchanges within 24 hours on June 8. This decision has been taken in light of two large global exchanges facing a legal lawsuit by the U.S. securities regulator. Shortly another significant bank “Westpac” banned its customers from transacting with Binance.