Illustration of Bitcoin and Ethereum coins held together in front of diverses EURO banknotes in Paris, France, on June 5, 2026. Joao Luiz Bulcao/Hans Lucas/AFP via Getty ImagesAustralian crime-fighting and financial agencies are moving to prevent the use of cryptocurrency for money laundering, scams, and money-mule activitiesThe Australian Banking Association (ABA), Transparency International, and the regulator, AUSTRAC (Australian Transaction Reports and Analysis Centre), are backing a proposal to amend the Anti-Money Laundering and Counter-Terrorism Financing Act.
Australian Financial Watchdogs Back New Powers to Curb Money-Laundering Via Crypto
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