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Blockchain

Banking Barriers Still Frustrate Crypto Users and Exchanges in Australia


Crypto users in Australia are still facing banking barriers when engaging with exchanges and other crypto businesses, according to a recent survey, while industry executives say clearer rules from the government could be the silver bullet that fixes the problem. 

A Binance survey of 1,900 Australians released on Thursday found 58% of respondents wanted easy access to deposit funds into an exchange with no limit, while 22% had changed banks to make buying crypto easier.

Matt Poblocki, general manager of crypto exchange Binance’s Australian and New…



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