Westpac to cap monthly crypto exchange payments at A$10,000

Westpac reportedly plans a A$10,000 monthly cap on crypto exchange payments starting December 1, according to several outlets. The items say the bank "may" introduce it, so the cap is not yet confirmed as final.

Timeline

1. 30 Oct, 04:20 UTCFirst appeared on Google Trends
2. 30 Oct, 04:20 UTCReports say Westpac may introduce A$10,000 cap
3. 30 Oct, 04:20 UTCYahoo Finance covers Westpac crypto payment cap

Top sources

• westpac 10000 dollar crypto capGoogle Trends
• Westpac May Cap Crypto Exchange Payments at A$10,000 a Month From Dec. 1CoinMarketCap
• Australian bank Westpac places cap on monthly crypto paymentsYahoo Finance
• Westpac Sets A$10,000 Monthly Crypto Payment Cap From DecemberThe Defiant