AUSTRAC to crackdown on crypto ATMs due to money laundering risks in Australia

Australian Transaction Reports and Analysis Centre (AUSTRAC) is making crypto the main focus of their radar. The agency is looking to set up a new team for surveillance on providers of crypto ATM services who may be breaching anti money laundering rules. In a recent statement on December 6,  Brendan Thomas (CEO of AUSTRAC) shared that […] source: https://www.cryptopolitan.com/austrac-to-crackdown-on-crypto-atms-due-to-money-laundering-risks-in-australia/