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Category Crypto ATMs

Crypto ATMs Face Potential Ban in Canada as Crime Crackdown Intensifies

Crypto ATMs Face Potential Ban in Canada as Crime Crackdown Intensifies

BitcoinWorld Crypto ATMs Face Potential Ban in Canada as Crime Crackdown Intensifies Canada considers a ban on crypto ATMs. This move aims to crac...
Australia's AUSTRAC Fines Cryptolink as Part of Crypto ATM Crackdown

Australia's AUSTRAC Fines Cryptolink as Part of Crypto ATM Crackdown

AUSTRAC has fined Cryptolink 56,340 Australian dollars ($37,000) after identifying "weaknesses" in the company's AML/CTF compliance.
Australia's Government Proposes New Powers for AUSTRAC to Restrict Crypto ATMs

Australia's Government Proposes New Powers for AUSTRAC to Restrict Crypto ATMs

AUSTRAC said that the majority of high-value crypto ATM transactions were directly associated with scams or moving money to high-risk jurisdictions.
New Zealand to ban crypto ATMs in AML crackdown

New Zealand to ban crypto ATMs in AML crackdown

New Zealand’s Ministry of Justice is set to ban crypto ATMs as part of a sweeping overhaul of the country’s anti-money laundering and counter-terro...
New Zealand Wants to Ban Crypto ATMs in Anti-Money Laundering Overhaul

New Zealand Wants to Ban Crypto ATMs in Anti-Money Laundering Overhaul

The government also proposed setting an upper limit of 5,000 New Zealand dollars ($3,000) for international cash transfers.