Home / Crime / Australia’s Home Affairs Minister Announces Sweeping Powers to Curb Crypto ATMs

Australia’s Home Affairs Minister Announces Sweeping Powers to Curb Crypto ATMs

The minister’s comments follow AUSTRAC findings that some high-value crypto ATM activity involved fraud and laundering schemes.

Australia’s Home Affairs Minister Tony Burke announced new rules on Wednesday to crack down on crypto ATMs, calling the machines a “high-risk product” linked to money laundering, scams, and child exploitation.
The announcement was part of broader swe… [2669 chars]

Source: Decrypt | Published: 2025-10-16T04:36:21Z

Credit: Decrypt

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