đš News Flash: HSBC Blocks Crypto Payments in Australia! đš
- HSBC Australia just hit the brakes on payments to crypto exchanges starting July 24, citing scam protection.
- Customers received an email detailing the "new safety measures" and were advised to find alternative payment methods.
- This move follows similar actions by Australia's "Big Four" banks and Bendigo Bank.
- Amy-Rose Goodey from the Digital Economy Council of Australia calls for better dialogue and regulations to balance innovation and risk.
- HSBC will still accept payments from crypto exchanges, so no need to panicâjust yet! đ