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Australia's Crypto ATMs Under Fire -- Regulators Push for Ban Powers

Australia is set to intensify oversight of crypto ATMs by granting the Australian Transaction Reports and Analysis Centre (AUSTRAC) authority to restrict or ban high‑risk services. Regulators cite growing concerns over fraud, money laundering, and other illicit activities linked to these machines. Rapid Expansion Raises Concerns The number of crypto ATMs in Australia has surged fromThe post Australia's Crypto ATMs Under Fire -- Regulators Push for Ban Powers appeared first on BeInCrypto.

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