Financial intelligence agency AUSTRAC estimates 85 per cent of transactions sent by top users of crypto ATMs are the proceeds of scams.

Crypto ATMs could be banned under new powers to help the government’s financial crime watchdog crack down on scammers and money laundering.

Australia’s financial crime regulator, Australian Transaction Reports and Analysis Centre (AUSTRAC), will gain new powers...

Australia’s financial crime regulator, Australian Transaction Reports and Analysis Centre (AUSTRAC), will gain new powers...

Crypto ATMs will be under more government scrutiny with a sweeping crackdown to prevent money laundering set to be announced on Thursday.

New powers target scammers, money laundering, crypto mules.

A Chinese national has pleaded guilty to laundering over $6.7 billion worth of Bitcoin, the proceeds of what…

A Chinese national has pleaded guilty to laundering over $6.7 billion worth of Bitcoin, the proceeds of what…

Unified Payments Interface (UPI) continues to dominate the digital ecosystem, accounting for 85 per cent of transactions by volume and 9 per cent by...

Government moves to ban cryptocurrency ATMs The Federal Government has flagged that it will move to ban cryptocurrency ATMs after the financial...