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Crypto Used To Launder Nearly Half Of Financial Scam Proceeds In Australia: Report
Thursday, August 17, 2023 - 9:19am | 537Cryptocurrency platforms in Australia are reportedly being used to launder nearly half of the proceeds from financial scams. That's according to the Australian Financial Crimes Exchange (AFCX), a non-profit organization that sourced data from the country's major banks. About 47% of the...
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Cuscal Tightens Grip On Crypto Transactions, Blockchain Australia Pushes Back
Tuesday, June 20, 2023 - 1:03pm | 376Australian payment provider Cuscal has made moves to introduce fresh restrictions on cryptocurrency transactions. Blockchain Australia has voiced its concerns over the move and articulated the need for a balanced approach since, amid economic uncertainty, the probability of scams and fraud...