Australia’s Crypto Rules Are Changing—Here’s What to Expect in 2025

AUSTRAC boosts scrutiny on 1,200 crypto ATMs and 400 exchanges to prevent illegal activities. Stricter KYC and reporting rules enforced under Australia’s anti-money laundering laws. ASIC proposes updates clarifying digital assets like stablecoins as financial products. Australia’s financial intelligence agency and securities regulator announced an increased review and amended guidelines for crypto-related operations. On December 6, the Australian Transaction Reports and Analysis Centre (AUSTRAC) released a statement confirming it will increase its focus on digital currency exchanges (DCEs) and providers of crypto assets automated teller machines (ATMs) throughout 2025. The agency highlighted the appeal of crypto ATMs to criminal entities, citing their accessibility and the rapid, irreversible nature of digital currency transfers. Currently, AUSTRAC monitors approximately 1,200 crypto ATMs and inspects the legality of around 400 registered digital exchanges. AUSTRALIA CRACKS DOWN ON CRYPTO ATMS AUSTRAC’s got their eyes on 1,200 crypto ATMs, cracking down on exchanges that let criminals use them for money laundering and scams. The agency’s setting… The post Australia’s Crypto Rules Are Changing—Here’s What to Expect in 2025 appeared first on Coin Edition .

Source: Coin Edition