🇦🇺 Australia proposes stricter AML/CTF regulations for the crypto industry to combat financial crime.

🔍 AUSTRAC is calling for feedback from the community until February 14, 2025, to finalize the new legal framework.

📊 The new regulations will enhance oversight of high-risk areas such as crypto exchanges, legal services, and real estate.

🔄 Reduce compliance burdens with a flexible model, allowing businesses to customize according to scale and risk.

💬 What do you think about this change? Share your thoughts!