Latest News and Articles about Australia Regulation

Australia Cracks Down on Bitcoin ATMs Amid Scam and Money Laundering Surge

21 October 2025 Daily Feed AUSTRAC, Australia Regulation, Bitcoin ATM, Money Laundering

Australia’s Bitcoin ATM Crackdown: Scams and Regulations Tighten Australia is unleashing a full-frontal assault on cryptocurrency ATMs, driven by mounting evidence of their role in money laundering, scams, and other financial crimes. Home Affairs Minister Tony Burke has labeled these machines a “high-risk product,” unveiling a tough new stance on October 15 that could drastically […]

Australia’s 2024 Crypto ATM Crackdown: New $5,000 Limit to Combat Bitcoin Scams

3 June 2025 Daily Feed AUSTRAC, Australia Regulation, Bitcoin Scams, Crypto ATMs

Australia’s Crypto ATM Crackdown: New Rules to Combat Bitcoin Scams in 2024 Australia is slamming the brakes on crypto ATMs as scams and illicit activities spiral out of control, with the nation’s financial crime watchdog, AUSTRAC, rolling out heavy-handed restrictions to protect vulnerable users and curb fraud. This move comes amid a staggering rise in […]