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One of Australia’s largest banks is banning payments to ‘high-risk’ digital asset exchanges to reduce cases of fraud and scams. The National Australia Bank (NAB) (NASDAQ: NAUBF) didn’t name specific exchanges to be affected by the restriction, but local reports indicate Binance may be at the top of the list.

NAB halted A$270 million (US$184 million) worth of customer payments that raised scam concerns between March and July, the ‘Big Four’ bank revealed in its Monday announcement.

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