Westpac faces $690M fine for non-compliance, opens future path for blockchain
Westpac has failed to monitor money laundering and terrorism financing risks for movement of funds into and out of Australia.
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Major Aussie banks give green light for cryptocurrency purchases
In total, three of the four biggest banks in the country have taken a permissive to supportive position, while the fourth has remained silent on the subject
Australian banks freezing transactions with crypto exchanges, investors say
Cryptocurrency investors in Australia are reporting their accounts with some of the country’s leading banks are being frozen due to cryptocurrency exchanges.