Westpac CEO apologizes for freezing bitcoin transfers
2025-04-10 05:59:25
Westpac CEO Anthony Miller has publicly apologized for blocking customers 30,000 Australian dollars to crypto exchange CoinSpot and freezing their accounts. The incident comes as the Australian government is aggressively pushing for cryptocurrency regulatory reform, requiring major crypto platforms to obtain financial services licenses to increase transparency and reduce "debanking" issues.
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