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Australian banks block payments to ‘high risk’ crypto exchanges

National Australia Bank joins other major Australian banks in blocking payments to “high-risk” cryptocurrency exchanges to protect customers. The National Australia Bank (NAB) announced on Monday that it had blocked some payments to “high-risk” cryptocurrency exchanges in recent months to protect its customers. The lender said Australians lost an estimated $151 million last year due…

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Cryptocurrency exchanges witness first surge in trading volume in three months

In June, spot trading volume on centralized crypto exchanges rose more than 16% to $575 billion. This increase represents the first increase in three months, according to a review by CCData. This increase in trading activity on the spot markets is related to increased activity by regulatory institutions and bodies. The report said: However, this…