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Westpac to cap payments to crypto exchanges at A$10,000 a month

NewsFeeds update

Australia's Westpac will limit payments to cryptocurrency exchanges to A$10,000 a month from 1 December, and will stop allowing such payments at bank branches with no exemptions. Withdrawals are unaffected.

RegulationPANewsAIBearish

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.