Australia Moves to Strengthen AML Laws, Regulate CryptoThe Australian Transaction Reports and Analysis Centre (Austrac) announced several weeks ago that it was bringing a lawsuit against Commonwealth Bank based on some 53,700 violations of the nation’s anti-money-laundering and terrorist financing prevention laws. Late this week, the government announced that it is proposing new reforms designed to strengthen compliance with those laws – including new regulations that will directly affect digital currency exchanges.
https://dcebrief.com/australia-moves-to-strengthen-aml-laws-regulate-crypt