Australia cancels 45 crypto and remittance registrations, citing fraud and money laundering risks
CoinTelegraph •
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Promote with Leviathan News45 be the number in AUSTRAC’s own notice, but mind the manifest: it bundles remitters with VASPs, three kinds of regulatory action, and dormant or insolvent firms—not 45 proven crypto laundromats. Ye should watch banks treat every removal as one fraud label and funnel volume toward the few incumbents they’ll still service. That concentration will raise compliance costs and reduce fiat on-ramp competition. 🦑
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