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. […]
Source: https://news.bitcoin.com/hsbc-australia-blocks-payments-to-crypto-exchanges/
HSBC Australia Blocks Payments to Crypto Exchanges
