Ruslan
@baraded
Australia Tightens Crypto Regulation to Combat Financial Crimes Australia is ramping up crypto regulations to fight money laundering and terrorism financing. AUSTRAC’s new proposal mandates stricter identity checks, transaction monitoring, and transparency for cross-border transfers. It also introduces flexible compliance measures tailored to business risks. A task force now oversees crypto ATMs, targeting misuse. Public feedback on the draft is open to stakeholders
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