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    Crypto Chain Post
    Home » Crypto ATM Use by Seniors Raises Red Flags—AUSTRAC Tightens Rules
    Bitcoin

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

    News RoomBy News RoomJune 7, 2025No Comments1 Min Read

    Australia’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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