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Australia Moves to Arm AUSTRAC With Strong Crypto ATM Powers

Australia plans new powers for AUSTRAC over crypto ATMs. Minister Tony Burke outlined a draft law that lets the agency restrict or ban “high-risk...

DC Attorney General Targets Athena Bitcoin Over Alleged Hidden Crypto ATM Fees

Lead: Brian Schwalb, the DC attorney general, sued Athena Bitcoin over alleged hidden fees and weak crypto ATM fraud controls. His office said 93%...

Australia Busts 14,000 Online Scams, Crypto Scams Make Up 21%

Australia scams are being targeted by the Australian Securities and Investments Commission (ASIC), which has intensified its enforcement campaign. Since July 2023, ASIC scam...

New Zealand Enforces Crypto ATM Ban, Limits Cash Transfers to Stop Illicit Funds

New Zealand has implemented a nationwide crypto ATM ban as part of its wider plan to stop money laundering and financial crime. The announcement...

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