Coinbase Accuses Australian Banks of Systemic Crypto Debanking

TL;DR:

Australia’s largest banks face fresh scrutiny after Coinbase accused them of systematically cutting off financial access for crypto and fintech companies. The exchange told lawmakers that debanking has shifted from an isolated issue into a structural problem.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence SOL price action and market sentiment in the near term.