šAustralia Clamps Down on Crypto ATMs
šøNew rules slap a AU$5K ($3.25K) cap on crypto ATM cash transactions.
ā ļøExpect louder scam warnings and tighter surveillanceāthanks to a surge in fraud.
ā”ļøTurns out, users over 50 are the main target, losing over AU$3.1M in just a year.
šAuthorities say thatās just the ātip of the iceberg.ā
šWith 1,800+ machines, Australiaās now #3 globally in crypto ATMsābut itās not all smooth stacking.