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by: xpoolPosted on: April 30, 2025

Australia Cracks Down on Inactive Crypto Exchanges: Threatening Scams and Increased Transparency

Australia’s financial intelligence agency, AUSTRAC, is taking a tough stance against inactive cryptocurrency exchanges. The agency has sent warnings to registered platforms that have stopped trading, urging them to either withdraw their registrations or risk having them canceled due to concerns about potential criminal misuse.

Related posts:

  1. US Banking Embraces Crypto: Fed Lifts Restrictions on Cryptocurrency Services
  2. Federal Reserve Lifts Crypto Rules for Banks, Signals Open Market Approach
  3. Fed’s Anti-Crypto Policies Give Big Banks a Head Start in Stablecoin Market
  4. UK Unveils New Crypto Regulations for Global Adoption
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