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Crypto Management Platform
9 months ago
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Australia is the latest country to regulate crypto currency as part of a major overhaul of the payments industry. Watch the full episode at www.skynews.com.au/flash | Sky News Australia
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Australian authorities are cracking down on cryptocurrency ATMs, warning the rapid growth of the industry is fuelled by criminal activity, with concerns as many as one in 10 transactions are being used for criminal or illegitimate purposes. The financial crimes regulator, AUSTRAC estimates $275 million is moved through the machines in a year, across 150,000 transactions. The ABC understands AUSTRAC has traced some transactions to scam hotspots in Asia and Europe — and linked them to organised cr
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