Australia’s national financial intelligence agency would receive powers to restrict or ban crypto ATMs under new draft legislation in the works from the country’s minister for cybersecurity and home affairs, Tony Burke.
Burke data-ct-non-breakable=”null” href=”https://www.youtube.com/watch?v=zERkATAt8lg” rel=”noopener nofollow” target=”_blank” title=”null”>said during a speech at the National Press Club on Thursday that the draft legislation will give the Australian Transaction Reports and Analysis Centre (AUSTRAC) the ability to restrict or prohibit “high-risk products,” which include data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/bitcoin-atms-a-beginners-guide-to-bitcoin-teller-machines” title=”null”>crypto ATMs.
While regular bank-run ATMs are also used for scams and illegal activities,…
