Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards.
Also Read: Lithuania to Adopt Crypto Regulations Even Stricter Than the EU’s
Credit Card Cryptocurrency Purchases Permitted by Many Australian Banks
A spokesperson for Westpac, Australia’s second-largest bank by capitalization, stated that the company “does…

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