AUSTRAC Announces Crackdown on Australian Crypto ATMs
AUSTRAC, an Australian financial intelligence agency, announced a new crackdown on crypto ATMs. Although the regulator hasn’t issued an outright ban, it will significantly scrutinize ATMs for legal compliance.
AUSTRAC called this crackdown the “first step” in the agency’s broader initiative to fight crypto crime.
AUSTRAC to Investigate Crypto ATMs for Enabling Money Laundering
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced this crackdown via a press release on...
