A NEW HIGH

Last updated: June 15, 2025, 13:03  |  Written by: Anthony Di Iorio

A New High
A New High

Australian Banks Tighten Restrictions on Cryptocurrency

Australian Payment Provider Cuscal Imposes New Restrictions on

Crypto industry body slams banking restrictions in

Payments Provider Cuscal

Payments provider Cuscal, through its partner Zepto, has brought new banking restrictions on cryptocurrency exchanges in Australia, according to a statement

HSBC Australia has announced it will block all payments to cryptocurrency exchanges starting J, citing customer protection against scams. Several other

Banking executives in Australia have said that 40% of all scam profits “touch” crypto, meaning bank restrictions are “the single largest lever [banks] have to reduce this

In A Crucial Development Within

Acknowledging the risk of scams and frauds within the crypto industry, the trade body highlights that registered digital asset exchanges in Australia are already subject to

Australian banks face criticism for imposing crypto payment

In a crucial development within the Australian financial ecosystem, the Commonwealth Bank of Australia (CBA), one of the country’s most prominent banking institutions, has implemented

Aussie banks say crypto restrictions 'largest lever' in scam prevention

Australian Banks Impose Payment Restrictions to Crypto Exchanges

Blockchain Australia says banking restrictions will have

Anthony Di Iorio can be reached at [email protected].

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