<ul><li>Australia has raised concerns about the growing number of cryptocurrency ATMs in the country.</li><li>AUSTRAC (Australian financial services watchdog) forms a task force to investigate AML/CTF compliance of crypto ATM providers.</li><li>Australia has experienced rapid expansion in the cryptocurrency ATM market, with over 1,600 machines currently in operation.</li><li>AUSTRAC seeks reassurance from crypto ATM providers to reduce risks associated with money laundering and scam activities.</li></ul>

Australia Flags Crypto ATM Providers Over AML/CTF Concerns

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