“With the incidences of scams increasing and in many cases customers suffering significant losses from being scammed, the introduction of 24 hour holds, declines and limits on outbound payments to cryptocurrency exchanges will help reduce both the number of scams and the amount of money lost by customers,” James Roberts, Commonwealth’s general manager of fraud management, said.
Source: https://www.coindesk.com/policy/2023/06/08/australias-commonwealth-bank-will-partially-restrict-payments-to-crypto-exchanges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines