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Australia’s oldest bank bans payments to Binance
By Monika Ghosh at 2026-05-07 23:31
Sentiment: Negative
Westpac, Australia’s oldest bank, announced a ban on cryptocurrency transactions to certain exchanges on May 18. The bank said that it is blocking a number of crypto exchanges as part of a trial to “reduce scam losses.” According to internal Westpac data, half of all scam losses come from investment scams, and one-third of all […] The post Australia’s oldest bank bans payments to Binance appeared first on CryptoSlate. Continue reading...
Categories: Banking
Tags: #Banking #Exchanges #Featured #Payments
Source CryptoSlate