Australia Calls for Stricter Regulations Amid Rising Crypto Crimes

Australia Calls for Stricter Regulations Amid Rising Crypto Crimes

AUSTRAC reports a rise in crypto-related money laundering and calls for stricter regulations. In its most recent report on money laundering, the Australian Transaction Reports and Analysis Centre (AUSTRAC), a financial intelligence government agency, disclosed an elevated level of criminal utilization of cryptocurrencies and associated services. The 2024 AUSTRAC Money Laundering National Risk Assessment provided […]