Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto

Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering.

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Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation

Aussie Banks Still Cold to Cryptocurrency Businesses Despite RegulationDespite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards. Also Read: Lithuania to Adopt Crypto Regulations Even Stricter Than the EU’s Credit Card Cryptocurrency Purchases […]

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Australian Banks Fraudulently Collected Fees From Deceased Customers

Australia's Banking Sector inquiry Reveals Massive Cheating as Banks Collect Fees for Dead CustomersA national inquiry into the misconduct of Australia’s banking sector has revealed profit-driven malpractice that has shattered customer trust. Some of the country’s largest banks were found guilty of making families homeless and charging fees for non-existent services, sometimes to dead customers. They also caused clients to lose hundreds of millions of dollars through misleading […]

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Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions

Some Major Canadian Banks Still Allow Cryptocurrency Credit Card TransactionsWhile TD Bank has revised its policies and stopped allowing customers to purchase cryptocurrencies using its credit cards, some major banks in Canada still allow crypto credit card transactions, the banks reportedly confirmed on Friday. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten TD Bank Halts Crypto Credit Card Purchases Canada’s largest bank […]

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