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AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings
24.8.2025
An Australian financial intelligence agency has ordered Binance Australia to appoint an external auditor within 28 days due to “serious concerns” over the crypto exchange’s anti-money laundering and counter-terrorism financing (AML/CTF) controls. A Warning to Global Exchanges Australia’s financial...
Binance Australia Directed to Appoint External Auditor Over 'Serious Concerns'
22.8.2025
Binance Australia has 28 days to nominate external auditors for AUSTRAC's consideration
Crypto ATM Use by Seniors Raises Red Flags—AUSTRAC Tightens Rules
7.6.2025
Australia’s financial intelligence agency, AUSTRAC, is tightening regulations on crypto ATMs due to concerns over scams and fraud. New restrictions include cash deposit and withdrawal limits as well as mandatory scam warnings. ATM Scammers Target Senior Citizens Australia’s financial intelligence...
Australia Cracks Down on Crypto ATM Providers as Scammers Target the Elderly
4.6.2025
Anti-money laundering regulator AUSTRAC obtained data showing that 72% of all crypto ATM transactions are carried out by people over the age of 50
AUSTRAC Fines Crypto Exchange Cointree for Reporting Failures
18.5.2025
The Australian Transaction Reports and Analysis Centre has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing to submit suspicious matter reports on time. Cointree Fined Despite Self-Reporting The Australian financial intelligence agency, the Australian...
Use It or Lose It’: AUSTRAC Warns Inactive Crypto Exchanges
30.4.2025
AUSTRAC is cracking down on inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or face forced cancellation to prevent criminal exploitation. Significant Proportion of 427 Registered Exchanges Inactive Australia’s AUSTRAC is taking decisive action against...
Australia’s finance watchdog to crack down on dormant crypto exchanges
30.4.2025
Australia’s financial intelligence agency has told inactive registered crypto exchanges to withdraw their registrations or risk having them canceled over fears that the dormant firms could be used for scams.There are currently 427 crypto exchanges registered with the Australian Transaction...
Australia’s finance watchdog to crack down on dormant crypto exchanges
30.4.2025
Australia’s financial intelligence agency has told inactive registered crypto exchanges to withdraw their registrations or risk having them canceled over fears that the dormant firms could be used for scams.There are currently 427 crypto exchanges registered with the Australian Transaction...
AUSTRAC Tightens Screws on Crypto Exchanges, Warns of Enforcement Action
5.3.2025
The Australian Transaction Reports and Analysis Centre has announced that peer-to-peer cryptocurrency exchanges will be required to capture user information starting March 31, 2026. Reporting Suspicious Transactions The Australian financial agency responsible for monitoring transactions has said...
Australia proposes stricter crypto rules to curb financial crime
12.12.2024
Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime
Australia to crack down on crypto ATM providers, citing money laundering risk
6.12.2024
Australia has the third largest number of crypto ATMs in the world and regulators are worried they could be facilitating financial crime
Australian Police Seize $9.3M in Crypto, Bust Mastermind Behind Ghost Platform
7.10.2024
The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation uncovered a secret encrypted communication platform, Ghost, leading to the arrest of its alleged mastermind. Through digital forensics, authorities cracked...
Moonpay Secures Registration to Offer Digital Currency Exchange Services in Australia
13.9.2024
Moonpay has successfully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration will enable Moonpay to establish local payment processing relationships and offer Australian users alternative...
Rising crypto crimes in Australia prompt call for tougher regulations
15.7.2024
AUSTRAC's latest report highlights a rise in criminal use of cryptocurrencies, urging stricter regulations and international cooperation to combat money laundering
Rising crypto crimes in Australia prompt call for tougher regulations
15.7.2024
AUSTRAC's latest report highlights a rise in criminal use of cryptocurrencies, urging stricter regulations and international cooperation to combat money laundering
Aussie Crypto Scammers Charged in $5.5 Million Fraud Case, $600K Ferrari Among Seized Luxury Vehicles
24.6.2023
Authorities in Australia have charged two individuals accused of operating a cryptocurrency scam that defrauded two companies of $5.5 million. Luxury vehicles worth $2.7 million including a $600,000 Ferrari have been seized by law enforcement. Ferrari Seized From Car Dealer Australian authorities...
OKX seeks Australian expansion citing 'huge appetite' for crypto
30.3.2023
The exchange's chief marketing officer believes Australians are above-the-curve when it comes to crypto education and interest
AUSTRAC releases 2 new guides to help spot illicit crypto use
21.4.2022
AUSTRAC also urged financial institutions from debanking clients who may be engaged in suspicious account activity, as a mistake could be costly to “Australia’s economy.”
Australian Bitcoin Trader Sues Banks for Systematic Discrimination
19.1.2021
An Australian bitcoin trader has filed a lawsuit against two of the country’s biggest commercial banks, accusing them of systematic discrimination when they closed his accounts on short notice. Allan Flynn is demanding compensation of AU$250,000 ($193,000) from ANZ and Westpac banks...
312 Crypto Exchanges Registered in Australia, Regulator Confirms
10.2.2020
A growing number of cryptocurrency exchanges have been registered with Australia’s crypto regulator. A spokesperson for the government agency overseeing the crypto industry confirmed to news.Bitcoin.com on Monday that the regulator has already registered 312 crypto exchanges. Also read:...