has announced that it will decline or temporarily hold certain payments to cryptocurrency exchanges due to the risk of scams. This decision follows a recent ban by another major Australian bank, Westpac, on transactions with crypto exchange Binance. CBA will implement a 24-hour hold on specific payments to crypto exchanges and plans to introduce a $10,000 monthly limit on customer transactions for cryptocurrency purchases. James Roberts, CBA's general manager of fraud management services, highlighted the global rise of crypto-related scams and emphasized the need to protect customers. The bank's measures will be continuously reviewed and monitored.