On December 6th, Australia established a task force to strengthen the management of crypto ATMs. The task force aims to ensure that digital currency exchanges (DCEs) providing cryptocurrency ATM services meet minimum standards. The initiative aims to implement strong measures to prevent these machines from being used for scams, fraud or criminal transactions. Under the Anti-Money Laundering/Counter-Terrorism Act 2006, DCEs, including cryptocurrency ATM providers, must register with the Australia...
On December 6th, Australia established a task force to strengthen the management of crypto ATM machines. The task force aims to ensure that digital currency exchanges (DCEs) providing crypto ATM services meet minimum standards. The initiative aims to implement strong measures to prevent these machines from being used for scams, fraud or criminal transactions. Under the Anti-Money Laundering/Counter-Terrorism Act 2006, DCEs, including crypto ATM providers, are required to report to the Australian...