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Crypto shenanigans in Australia

submitted by dulcima to Australia 1 monthMar 14, 2024 07:02:22 ago (+4/-0)     (twitter.com)

https://twitter.com/LawyersCity/status/1768119362035355790

I'm seriously thinking of dipping my toes in cryptocurrency and am doing a bit of research. I'm aware the banks don't like you transferring more than $5000 at a time - but it looks like the banks don't like you investing in crypto. At all.

Anyone run into difficulties here?


6 comments block

For all intents and purposes, there is no real difference between banks and credit unions in this country. The differences come down to who is underwriting them and who is more likely to take all of your money with them when they go bust.