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Australia's Top Bank Halts Payments to Selected Crypto Exchanges

Australia's Top Bank Halts Payments to Selected Crypto Exchanges
In a proactive move to enhance customer safety, the Commonwealth Bank (CBA) today (Thursday) announced it has implemented new measures aimed at protecting customers from fraudulent activities tied to cryptocurrency exchanges.In practice, this means that the bank will be able to block some outgoing transfers to selected cryptocurrency exchanges. However, the institution has not specified which platforms may be specifically concerned.Australian Bank to Block Some Crypto PaymentsIn an attempt to mi... Read More
Posted: Jun 8 2023, 10:56
Author Name: financemagnates
Views: 110593

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