The Australian arm of international bank HSBC has informed customers it has begun blocking customer payments to cryptocurrency exchanges as of July 24 local time, becoming the latest major bank to shun the industry, citing scams.

July 25, 2024

“From 24 July 2024, HSBC will block payments from bank accounts and credit cards that we reasonably believe are being made to cryptocurrency exchanges, for your protection,” HSBC Australia said in a July 24 email to customers explaining its “new safety measures.”

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The Australian arm of international bank HSBC has informed customers it has begun blocking customer payments to cryptocurrency exchanges as of July 24 local time, becoming the latest major bank to shun the industry, citing scams.

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Donald Trump stated that he will not debate Kamala Harris again, saying, “There will be no third debate.” No debate, no trades/positions for the traders. What a shame.

Donald Trump says, “We’re embracing the future with crypto and leaving the slow, outdated big banks behind.” Yes, Mr. President, we heard you. You also want to pay off the national debt with Bitcoin. Brilliant plan.