#Australia #news $BTC 🦘 Australia tightens the screws on crypto ATMs.

Currently, Australia is in third place in the world for the number of crypto ATMs (over 1800 units).

Over the past year, scammers stole crypto through them, with official estimates at 3.1 million AU$ (2 million $).🥷

❌ As a result, the Australian Transaction Reports and Analysis Centre (AUSTRAC) has introduced the following restrictions:

🛡 Transaction limit — no more than 5,000 AUD (~3,250 USD) at a time;

🪪 Enhanced KYC and transaction monitoring;

↔️ Scam warnings on the ATMs themselves;

Interesting fact: 72% of the total transaction volume in crypto ATMs comes from people over 50, which makes them a magnet for scammers.

Am I the only one shocked that instead of kangaroos, retirees who are somewhat knowledgeable about cryptocurrency live in Australia? 😬

(Well, or not knowledgeable if they're getting scammed for 2 million.)