#austrac
Latest cryptocurrency news and articles about austrac. Stay updated with developments, analysis, and insights.
Crucial Crypto ATM Australia Fine: Regulator Cracks Down with $37K Penalty
BitcoinWorld Crucial Crypto ATM Australia Fine: Regulator Cracks Down with $37K Penalty The cryptocurrency world often buzzes with innovation, but alongside that excitement comes the critical need for...
Crypto adoption stalls as government reforms fall short for Australians
Australia’s cryptocurrency market stalls as investors await the implementation of new legislation governing digital assets, despite a year of extensive reforms. Swyftx crypto exchange published its fi...
Australia Declares War On Crypto ATMs As Crime Explodes
Australia is stepping up action against cryptocurrency ATMs after a sharp rise in scams and other illicit uses, according to AUSTRAC and law enforcement reports. Machines that let people turn cash int...
Australia targets crypto ATMs in campaign against money laundering
On 15 October, Australia’s Home Affairs Minister, Tony Burke, announced new rules giving the Australian Transaction Reports and Analysis Centre (AUSTRAC) the authority to restrict crypto ATMs. Burke s...
Australia's Government Proposes New Powers for AUSTRAC to Restrict Crypto ATMs
AUSTRAC said that the majority of high-value crypto ATM transactions were directly associated with scams or moving money to high-risk jurisdictions.
OKX launches crypto platform to tap Australia’s $1T SMSF market
OKX, a global crypto platform, recently launched its Self-Managed Super Fund (SMSF), a vehicle for pension investments in Australia. The special investment tool offers individuals and corporations to ...