According to Odaily, the latest research report from the Australian financial intelligence agency AUSTRAC reveals a rise in the illegal use of cryptocurrencies in the country. The 2024 AUSTRAC National Risk Assessment on Money Laundering details the methods criminals use for laundering money, highlighting a significant increase in the criminal use of digital currencies, digital currency exchanges, and unregistered remittance services. The report calls for enhanced regulatory measures to address these growing concerns.
AUSTRAC Report Highlights Increase In Illegal Cryptocurrency Use In Australia
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