ChainCatcher news, according to Decrypt, Westpac CEO Anthony Miller publicly apologized for the bank's decision to block a customer's transfer of 30,000 AUD to the cryptocurrency exchange CoinSpot and freeze the account.This incident comes as the Australian government is actively promoting cryptocurrency regulatory reforms, requiring major crypto platforms to obtain financial services licenses to enhance transparency and reduce the issue of "de-banking."

ChainCatcher news, Westpac has banned customers from trading with Binance, stating that it is trialing new cryptocurrency payment protection measures to reduce losses caused by fraud. The new protection measures will be gradually rolled out in the coming weeks.Previous news, Binance stated that due to a third-party payment service provider, AUD PayID deposits have been suspended, and bank transfer withdrawals will also be affected, as they are working to find alternative suppliers. (Source link)