Australia's Westpac Banking Corporation will enforce a A$10,000 monthly limit on customer payments to cryptocurrency exchanges effective December 1. The restriction applies across all payment channels, with no exemptions granted.
Under the new policy, in-branch payments to crypto exchanges will be prohibited entirely after the enforcement date. Withdrawals from cryptocurrency platforms remain unaffected by the cap.
Westpac Imposes A$10,000 Monthly Cap on Crypto Exchange Payments Starting December 1
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