HSBC Australia Blocks Payments to Crypto Exchanges
Submitted by Anonymous (not verified) on Thu, 07/25/2024 - 19:40
HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this decision. HSBC Australia claimed scammers frequently exploit cryptocurrency exchanges, making it challenging to recover stolen funds. […]