according to Decrypt, the Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued a warning to cryptocurrency ATM operators, stating that these devices may be used for money laundering and fraudulent activities. AUSTRAC CEO Brendan Thomas stated the need for cryptocurrency ATM operators to establish robust risk prevention mechanisms.
Australian regulator warns of money laundering and fraud risks at cryptocurrency ATMs
2025-03-31 15:02:48 Primitive Reading
Disclaimer: This specification is preliminary and is subject to change at any time without notice. MYTOKEN assumes no responsibility for any errors contained herein.