'Sinister' debanking of crypto traders is often anti-competitive says Senator...

'Sinister' debanking of crypto traders is often anti-competitive says Senator...

Senator Bragg says that his government won’t let Aussie banks to practice anticompetitive de-banking against crypto companies. Australian banks have been dressing up anti-competitive behavior as regulatory compliance when de-banking crypto customers, Senator Andrew Bragg said. “I believe many banks have been dressing up de-banking as a regulatory necessity. In fact it is often anti-competitive behavior and far more sinister and threatening than it appears on the surface,” the Liberal Senator for New South Wales said in a prepared address to the Tech Council of Australia tod. Denial of....


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