Australia Cracks Down on Crypto ATMs, Citing Inadequate AML and CTF Measures

AUSTRAC, Australia’s financial services watchdog, has raised concerns that some crypto ATM providers may lack adequate anti-money laundering and counter-terrorism measures. Task Force Identifies Worrying Trends The Australian financial services industry watchdog, AUSTRAC, has claimed that some crypto ATM providers “may not have the right anti-money laundering and counter-terrorism (AML/CTF) checks in place.” The watchdog’s […]