HSBC Australia restricts users from making payments to cryptocurrency exchange accounts

2024-07-25 19:54:51
Collection

ChainCatcher news, according to Finance Magnates, HSBC's Australian branch has notified customers that it has started blocking payments to cryptocurrency exchanges as of July 24, citing fraud as the reason for this action.

The bank stated: "From July 24, 2024, HSBC will block bank account and credit card payments to cryptocurrency exchanges to protect your safety."

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