NAB Blocks Payments to High-Risk Crypto Exchanges to Curb Scam Losses
According to NAB executive for group investigations and fraud Chris Sheehan, they have observed many scammers using cryptocurrency platforms to launder stolen funds.
According to NAB executive for group investigations and fraud Chris Sheehan, they have observed many scammers using cryptocurrency platforms to launder stolen funds.
NAB chief innovation officer Howard Silby said the decision to mint the AUDN stablecoin, which is backed 1:1 by the Australian dollar (AUD), was based on the bank’s belief that blockchain infrastructure will play a key role in the new evolution of finance.