Australia targets crypto ATM providers in money laundering crackdown

Australian financial regulators have launched a crackdown on cryptocurrency ATM providers amid concerns about inadequate anti-money laundering controls. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has launched a specialized task force to address potential compliance issues in the growing sector. AUSTRAC CEO Brendan Thomas started the internal task force in December. He brought together […] source: https://www.cryptopolitan.com/australia-target-crypto-atm-money-laundering/