AUSTRAC Cracks Down on Financial Crime in Crypto ATMs

Australia’s financial intelligence agency, AUSTRAC, has launched a new initiative to combat monetary crimes via cryptocurrency automated teller machines (ATMs). The agency announced on Friday that it is collaborating with industry stakeholders to ensure compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. The effort comes as cryptocurrency ATMs, which allow users to buy and […]