cointelegraph
Australia’s financial watchdog could gain power to ban crypto ATMs
TL;DR
Australia's government is considering granting AUSTRAC the authority to ban crypto ATMs through new draft laws, although there is no immediate plan for a ban. Minister Tony Burke emphasized the intention to empower the financial watchdog to regulate this aspect of the crypto industry.
Summary
Australia's government is considering granting AUSTRAC the authority to ban crypto ATMs through new draft laws, although there is no immediate plan for a ban. Minister Tony Burke emphasized the intention to empower the financial watchdog to regulate this aspect of the crypto industry.
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