Australian authorities have increased their oversight of the digital currency market.
Major banks have recently suspended their services related to cryptocurrency exchanges, citing the risk of fraud and violations of anti-money laundering laws.
The Blockchain Association of Australia has voiced its dissent of this restrictive move, arguing that people have the right to manage their own finances without such limitations.
Jackson Zeng, head of Blockchain Australia, has spoken out in defense of these economic freedoms, urging the banks to resume serving customers investing in digital assets.
