Australia Seeks to Restrict or Ban Crypto ATMs After 85% Scam-Linked Use

AUSTRAC (Australian Transaction Reports & Analysis Centre) is being granted expanded regulatory powers to tackle what authorities are calling high-risk crypto ATM activity. Proposed changes include allowing the financial intelligence agency to restrict or ban entire categories of crypto services (like ATMs), rather than acting only on specific operators. Brendan Thomas, CEO of AUSTRAC, stated: […] Read The Full Article Australia Seeks to Restrict or Ban Crypto ATMs After 85% Scam-Linked Use On Coin Edition.