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Australia To Ban Crypto ATMs Amid Rising Money Laundering Risks

The post Australia To Ban Crypto ATMs Amid Rising Money Laundering Risks appeared first on Coinpedia Fintech NewsCrypto ATMs, once seen as a convenient bridge between cash and digital money, are now facing major scrutiny in Australia. Home Affairs Minister Tony Burke has announced plans to give its financial intelligence agency AUSTRAC new powers to ban high-risk products like crypto ATMs, which have become a growing tool for scams and money laundering. ...

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