AUSTRAC Implements New Crypto ATM Regulations


The Australian government has introduced a decisive measure through its financial intelligence agency, AUSTRAC, by setting a cap on daily cash withdrawals from cryptocurrency ATMs at 5,000 Australian dollars. This regulatory move echoes growing concerns over the potential misuse of these ATMs for questionable activities, subsequently resulting in the discontinuation of a crypto ATM operator’s […]

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Source: https://en.bitcoinhaber.net/austrac-implements-new-crypto-atm-regulations