By : Terence Zimwara
Publisher : news
Date : June 7, 2025

Crypto ATM Use by Seniors Raises Red Flags—AUSTRAC Tightens Rules

Crypto ATM Use by Seniors Raises Red Flags—AUSTRAC Tightens RulesAustralia’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 agency, AUSTRAC, is implementing stringent new measures for cryptocurrency ATM operators, including refusing to renew […]

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