Australia Cracks Down on Crypto ATM Providers as Scammers Target the Elderly 🇦🇺
Australia has initiated a regulatory crackdown on cryptocurrency ATM providers, aiming to shield the elderly from fraudulent activities. Authorities are focused on enhancing security measures and compliance standards to prevent scams targeting vulnerable demographics. The move reflects growing concerns over crypto-related fraud and the need for strict oversight in the burgeoning digital currency industry.
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Crypto ATM operators in Australia hit with cash limits and tougher compliance checks
AUSTRAC Imposes New Limits on Crypto ATMs in Australia
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AUSTRAC Implements New Crypto ATM Regulations
Australia cracks down on crypto ATMs after $3M scam losses
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