👀Australia Clamps Down on Crypto ATMs
💸New rules slap a AU$5K ($3.25K) cap on crypto ATM cash transactions.
⚠️Expect louder scam warnings and tighter surveillance—thanks to a surge in fraud.
➡️Turns out, users over 50 are the main target, losing over AU$3.1M in just a year.
🔍Authorities say that’s just the “tip of the iceberg.”
🌏With 1,800+ machines, Australia’s now #3 globally in crypto ATMs—but it’s not all smooth stacking.