Australia’s Crackdown on Crypto-Driven Money Laundering: What You Need to Know
AUSTRAC, Australia’s financial watchdog, has launched a task force focused on monitoring cryptocurrency ATM providers to ensure compliance with anti-money laundering laws. With an increase in scams and money laundering linked to crypto, AUSTRAC aims to enforce strict measures for the 1,200 operating crypto ATMs, making sure these machines are not used for illegal activities. ...
