Bank Archives

Australia’s Largest Bank Implements Restrictions on Transfers to Crypto Exchanges

09/06/202309/06/2023bollywoodfeverLeave a Comment

The Commonwealth Bank of Australia is set to implement limitations on payments to crypto trading platforms, citing concerns over the risk of scams. This move will further impact digital asset exchanges in the country, which have already faced challenges in terms of depositing funds for cryptocurrency operations. New Limitations on Fiat Deposits for Crypto Traders […]

Philippines Banks Will Stop Accepting Crypto License Applications for 3 Years

13/08/202213/08/2022bollywoodfeverLeave a Comment

Philippines Banks Will Stop Accepting Crypto License Applications for 3 Years Philippines Banks Will Stop Accepting Crypto License Applications for 3 Years. The Philippine central bank, Bangko Sentral ng Pilipinas, announced Wednesday that it will stop accepting new Virtual Asset Service Provider (VASP) license applications for three years. In a memorandum dated Aug. 10, the […]