Commonwealth Bank in Australia is set to decline crypto payments.
Sooner $10,000 limit/ month for customers’ crypto purchases will be brought.
Over this week, the crypto industry is at risk due to the back-to-back lawsuit from SEC against the major crypto firms. However, the Australian Commonwealth Bank (CBA) is prepared to shut the crypto payments to some of the exchanges or keep them on hold concerning the scams.
Following the CBA announcement on May 18 for reducing the crypto scams, the biggest four banks in Australia held on trial. From now on, this is said louder to process the decline or hold of crypto payments for a day.
Reporting from @jessicasier @FinancialReview that @CommBank have banned AUD transfers to “high-risk” crypto exchanges & limited transactions with others to $10k per month, with a 24 hr delay. $700k per day leaves CBA as scammed money heading to crypto. Banks & the crypto industry…
— Caroline Bowler (@CaroBowler) June 8, 2023
Surprisingly,
We współpracy z: https://thenewscrypto.com/australian-commonwealth-bank-made-a-checkmate-for-crypto-payments/
