National Australia Bank Blocks Crypto Exchanges Citing Scams
National Australia Bank (NAB) has blocked certain cryptocurrency exchanges, citing the high risk of scams; however, the bank did not specify the platforms already blocked. National Australia Bank (NAB) announced new anti-fraud measures on July 17 as part of its “bank-wide scam strategy.” In addition to suspending millions of dollars in payments between March and […]
Australian Banks Block Cryptocurrency Payments
The National Australia Bank has joined Australia’s four major banks in blocking payments to cryptocurrency exchanges. The reluctance of banks to work with crypto exchanges and firms is a result of the Australian government’s increased crypto scrutiny. National Australia Bank Ltd (NAB) has joined Australia’s other prominent banks blocking payments to high-risk cryptocurrency exchanges, including […]
Binance Introduces New Feature
Binance has formally announced a new feature that enables users to obtain multiple deposit addresses for a single network. The largest cryptocurrency exchange in the world, Binance, has formally announced a new feature that enables users to obtain multiple deposit addresses for a single network. It is initially accessible for assets on the Ethereum network […]
Ripple Claims U.S. Banks Desire to Adopt XRP
After a recent ruling, Ripple’s General Counsel stated that US banks would contemplate adopting XRP for cross-border settlements. In its lengthy battle against securities law violations, blockchain startup Ripple scored a significant victory against the U.S. Securities and Exchange Commission (S.E.C.) last week. Now that Ripple’s native cryptocurrency X.R.P. is no longer classified as a […]