NEWS: Australia’s AUSTRAC targets over 50 crypto firms in AML crackdown
By PAUL O’DONOGHUE, Senior Correspondent
AUSTRAC, Australia’s AML watchdog, has taken action against 13 crypto firms, with more than 50 others under scrutiny as part of a wider crackdown.
The regulator is wrapping up a year-long investigation into crypto compliance with AML laws, issuing fresh alerts to potentially non-compliant firms.
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