Binance said on social media that users would be unable to make Australian dollar deposits by bank transfer with immediate effect after payments provider Cuscal cut access.
MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.4% to a seven-month high, with South Korean shares gaining 1.3% as trading resumed after the Lunar New Year holidays.
Australian Revenue and Financial Services Minister Kelly O‘Dwyer has flagged a review of the $100 note and announced plans to introduce caps on cash transactions over a certain limit, according to news.com.au report.
The rupee is likely to continue taking cues from the shifts in global risk preference and stay relatively stable ahead of the Fed policy outcome, says Bansi Madhvani of India Ratings.
The 10-year yield could soften by 2-4 bps in the opening session while rupee is likely to stay in range of 66.15-66.85/dollar, says Bansi Madhavani of India Ratings.
Instead, a confluence of factors - worries about banks' profits, a commodities price slump and uncertainty over the Federal Reserve's hiking path - is causing an old favorite, the yen carry trade, to fall out of fashion, which means the currency is moving in the opposite direction to that expected in the wake of the BOJ's surprise rates move.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6 percent, erasing its early modest losses.
Asian stocks mostly held firm as investors weighed the implications of the surprise move, which seemed to end months of officially sanctioned yuan strength.
Asian share markets stumbled on Monday and the Australian dollar took a hit after disappointing news on Chinese manufacturing underlined the need for further policy stimulus in the world's second biggest economy.
China markets pulled back modestly following the data; Shanghai Composite fell deeper into negative terrain, down 0.3 percent, while the Hang Seng index trimmed gains to 0.6 percent from 0.8 percent.
The flash HSBC/Markit Purchasing Managers' Index (PMI) dipped to 49.2 in March, below the 50-point level that separates growth in activity from a contraction on a monthly basis.
The shift in rate expectations hit the dollar hard at first, though the damage lessened as the session wore on. The formerly friendless euro had found itself as high as USD 1.10625 in wild trade on Wednesday, only to fade to USD 1.0767 in Asia.
China`s National People`s Congress - the country`s highest organ of state power - meets on Thursday and investors will be watching for comments on economic targets for 2015 and whether authorities will roll out further easing measures.
Rostow Ravanan of Mindtree says currencies moving all over the chart has become the new normal. He believes there may be a 100-150 bps impact on dollar revenue due to the cross-currency headwinds. However, he expects constant currency operational performance to be stable.
Rupee is expected to depreciate as dollar continues to trade strong and the month-end dollar demand from oil importers may further hurt the currency, says Pramit Brahmbhatt of Veracity.
There were mixed reports on the economic data front in the US. The consumer confidence declined to 88.7 in November from 94.1 the prior month. The gross domestic product in the US climbed at a 3.9 percent annualized rate, up from an initial 3.5 percent estimate.
Expect the rupee to trade in a narrow range of 60.80-61.50/dollar till the outcome of the FOMC meeting, says Ashutosh Raina of HDFC Bank.
The dollar-rupee pair will continue to be sold on upticks in the near to medium term. Expected range for the day is 61.52-61.98/USD, says Ashok Gautam of Axis Bank.
Expect rupee in a range of 61.75-62.15/USD for the day, says Agam Gupta of Standard Chartered.
The Australian dollar could hit parity by year end, some analysts say, after the battered currency began to regain ground this month, helped by positive economic data out of China, the country`s largest trading partner.
The data drove the euro to a one-month high against the dollar, helped extend a rally in European shares and sent German bond futures down 0.3 percent.
"This is a week when the Australian dollar could break USD 0.90 or squeeze higher," Kathy Lien, managing director at BK Asset Management wrote in a note late Monday, referring to the three risk events.
France's Eutelsat Communications SA, Blackstone Group and Providence Equity Partners are also expected to bid, the people said. SingTel is inviting first round offers by June 14, one of the people said.
Two weeks ago, Australian dollar was knocked down by a broadly robust US dollar. Economists in Australia believe the recent weakness in the Australian dollar is the reason why there would not be further rate cuts this year.
Equities are our preferred asset class as they are quite reasonably valued now, Jonathan Garner of Morgan Stanley said.