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NAB Calls Crypto Exchanges ‘High-Risk’, Blocks $270m in Consumers’ Transfers

National Australia Bank (NAB) has actively taken measures to safeguard its customers from financial scams, recently intervening in transactions worth over $270 million. This move comes as a response to the rising scam concerns between March and July. Additionally, NAB is introducing restrictions on payments to specific cryptocurrency platforms, which have proven to be high-risk areas for scam activities.However, what some see as caring for users' welfare and combating risky investments, others p... Read More

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Content Topics

Calls

Crypto

Exchanges

High

Risk

Blocks

270m

high risk

Consumers

Transfers

Forex

Posted: Jul 17 2023, 12:52

Author Name: financemagnates

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