🚀 AUSTRAC is shaking things up in the Aussie crypto scene! The watchdog has put crypto ATM providers on notice for missing crucial AML/CTF checks. With over 1,600 ATMs in Australia, the taskforce is keen to ensure compliance and curb suspicious activities. 🌐

CEO Brendan Thomas highlights worrying trends, echoing the U.K.'s strict stance on illegal ATM operations. Remember Olumide Osunkoya's four-year sentence? It's a wake-up call for crypto ATM operators worldwide!

What do you think about these regulatory moves? Share your thoughts below! 👇