Australia is tightening its crypto belt with new AML/CTF rules! ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ’ฐ AUSTRAC's proposed framework aims to boost oversight on high-risk sectors like crypto exchanges, legal services, and real estate. The goal? To combat financial crime with stricter customer due diligence and reporting obligations. But fear not, compliance burdens might lighten with a new outcomes-based model, letting businesses tailor their approach. Got thoughts? AUSTRAC wants your feedback by Feb. 14, 2025! Dive into the comments and share your take on these regulatory shake-ups!