The Australian financial intelligence agency AUSTRAC has released new regulations that limit cash transactions at Crypto Assets ATMs to AUD 5,000 per transaction, require enhanced AML monitoring, warnings to be posted, and strengthened customer reviews. This move aims to curb fraud activities, as related cases have caused losses of AUD 3.1 million in recent years, primarily affecting the 60-70 age group. Australia has 1,820 Crypto Assets ATMs, making it the third-largest market globally...

MOVE-3,22%
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