Coinbase says debanking is a ‘systemic feature’ of Australian finance

Coinbase says debanking is a ‘systemic feature’ of Australian finance

One of the world’s largest cryptocurrency exchanges says it is “standard protocol” for major banks to deny services to digital asset companies and fintechs.

Coinbase Accuses Australia’s Big Four Banks of ‘Unlawful’ Crypto Debanking - Invest In Crypto News

Coinbase has taken its fight against crypto debanking to Australia’s parliament, filing a formal complaint that accuses the country’s biggest banks of shutting legitimate crypto businesses out of the financial system. Here’s the scoop. Big Four Banks Named in Filing The submission, sent to the House of Representatives Standing Committee on Economics, names Commonwealth Bank, Westpac, ANZ, and National Australia Bank. Coinbase said these banks ar…

Coinbase Accuses Australia's Big Four Banks of 'Unlawful' Crypto Debanking

Coinbase accuses Australia's Big Four banks of 'unlawful' crypto debanking. See what the exchange demands from parliament.

Coinbase Accuses Australian Banks of Unlawful Regulatory Ban as Maxi Doge Pumps

Tensions are boiling over Down Under. Coinbase has formally accused major Australian banks of imposing a shadow ban on the industry.Executives argue …

Australian Banks Imposing 'Unlawful Regulatory Ban' on Crypto, Says Coinbase

Coinbase tells Australia that bank opacity on crypto account closures has created "a crisis of confidence" in the financial system.