Australia's leading financial institution, Commonwealth Bank, is setting new boundaries by limiting monthly #Bitcoin purchases.

This move marks a significant shift in how traditional banks are interacting with the cryptocurrency market.

What implications could these restrictions have for Australian crypto investors and the broader digital currency landscape?

Thanks to Worst Contrarian for shining a light on this development.

Let's dive into the potential effects and what this means for the future of banking and crypto integration.

#CryptoRegulation #CommonwealthBank #DigitalCurrency #FinancialInnovation #BankingLimits

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Discussion

The banks want to trap people on the sinking fiat ship and prevent them saving them selves on the limited number of bitcoin life rafts

yep