Banking giant HSBC is blocking all cryptocurrency exchanges in Australia. The bank reported a growing number of scams as the rationale behind the move. As of July 24, the bank has started blocking all customer payments directed towards cryptocurrency exchanges. An announcement on HSBC’s website states: We’ve made these changes to protect our customers in response to the increase in scams. We’re continually investing in our security capabilities and strengthening our systems to help protect our customers from evolving threats. Protecting customers from scamsCustomers on the social media platfor…