Are authorities in Australia starting to turn bearish on cryptocurrency as we enter a new year? The nation’s AML Agency ‘AUSTRAC’ has now revoked three of its previously issued licenses to cryptocurrency exchanges for alleged criminal ties. AML Agency Cancels 3 Cryptocurrency Licenses According to Australian news site itnews, the Australian AML Agency AUSTRAC has...Read More
With stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. Westpac, one of the country’s largest banks, is now under investigation for millions of purported violations of...Read More
