The proposed Australia crypto ATM policy could grant AUSTRAC unprecedented power to restrict or ban cryptocurrency ATMs across the country. Minister Tony Burke cites money laundering and scam risks as the primary drivers behind the regulatory push. Key Insights The Australian government is drafting laws that could allow AUSTRAC to restrict or ban Crypto ATMs. Minister Tony Burke says the machines pose a risk for scams and money laundering
source: https://voiceofcrypto.online/crypto-policy/australia-crypto-atm-policy-may-put-crypto-atms-under-strict-regulatory-watch