compliance
AUSTRAC Cracks Down on Non-Compliant Crypto ATMs
In a bold move to protect the financial system from criminal exploitation, Australia is tightening its control over cryptocurrency ATM providers. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has formed a dedicated task force aimed at ensuring compliance with the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regulations. This crackdown is part of a larger…