Australia's Treasury Addresses Debanking of Cryptocurrency Companies and Urges Banks to Provide Guidance for Crypto Exchanges

06/29 10:20

June 29 (Huobi) - Australia's Treasury has warned that cutting services to cryptocurrency companies could have negative consequences for the industry's transparency. The government has acknowledged the seriousness of "debanking" and is encouraging banks to communicate their requirements to both existing and potential customers clearly and proactively prior to refusing or withdrawing banking services.

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