Australia's largest bank blocks payments to some crypto exchanges

Commonwealth Bank of Australia (CBA) said on Thursday it would block some payments to certain cryptocurrency exchanges as part of a suite of new anti-scam measures that would limit customer crypto payments. A spokesperson for CBA, the country's largest bank, declined to name the crypto exchanges involved. The bank said it would also from Thursday hold certain payments to crypto exchanges for 24 hours and soon introduce a monthly A$10,000 ($6,666) transfer limit to crypto exchanges.