Commonwealth Bank of Australia Limits Payments to Crypto Exchanges, Citing Consumer Protection
The Commonwealth Bank of Australia has implemented measures to protect its customers from crypto-related scams by declining or holding certain payments to crypto exchanges and introducing a $10,000 (AUD) monthly limit.
The bank claimed that these measures will help reduce the number of scams and the amount of money lost by customers. The measures will be reviewed on an ongoing basis.
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Commonwealth Bank of Australia Limits Payments to Crypto Exchanges, Citing Consumer Protection
The Commonwealth Bank of Australia has implemented measures to protect its customers from crypto-related scams by declining or holding certain payments to crypto exchanges and introducing a $10,000 (AUD) monthly limit.
The bank claimed that these measures will help reduce the number of scams and the amount of money lost by customers. The measures will be reviewed on an ongoing basis.