AUSTRAC Launches Supervision Campaigns as Australia's Crypto Regulatory Reforms Kick In
The campaigns target over-the-counter operators and local exchanges as new laws expand oversight to custody and brokerage services.
➤ AUSTRAC has launched two supervisory campaigns targeting Australia's crypto sector, focusing on over-the-counter operators and local exchanges. ➤ These campaigns aim to assess how businesses manage money laundering risks ahead of new, expanded AML/CTF reforms that now include custody and brokerage services. ➤ The reforms align Australia's regulatory framework with international standards, identifying crypto as a significant financial crime threat.
















