“The recent decision by banking institutions to restrict millions of their customers from making payments to cryptocurrency exchanges represents a profound curtailment of economic freedom in Australia,” said Jackson Zeng, director of Blockchain Australia. “Every individual has the inherent right … to make decisions on how and where to use their finances … The principal role of banks is to facilitate these decisions, not to impose restrictions upon them.”
Source: https://www.coindesk.com/policy/2023/06/14/australias-crypto-industry-body-denounces-recent-banking-restrictions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines