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‘Sinister’ debanking of crypto traders is often anti-competitive says Senator Bragg -Breaking

by Mike Robinson

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Senator Andrew Bragg stated that Australian banks disguise anti-competitive behaviour as regulatory compliance in order to de-bank crypto customers.

“I believe many banks have been dressing up de-banking as a regulatory necessity. In fact it is often anti-competitive behavior and far more sinister and threatening than it appears on the surface,” the Liberal Senator for New South Wales said in a prepared address to the Tech Council of Australia tod.

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