Australia’s financial intelligence agency AUSTRAC has launched two targeted regulatory actions for the cryptocurrency industry to support the rollout of the country’s new anti-money laundering (AML) and counter-terrorism financing (CTF) reforms. The areas under review include anti-money laundering risk management and compliance preparedness among over-the-counter crypto-to-cash operators and local exchanges. Australia will also expand its regulatory scope to virtual asset service providers (VASP), covering more crypto services such as custody and brokerage. The new Travel Rule requirements will take effect on July 1, 2026.

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