Australia Tightens Crypto ATM Rules: Qubetics, SEI, and Theta Emerge as Top Picks

Australia has implemented stricter rules for cryptocurrency ATMs, aiming to curb fraudulent activity targeting older users. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has imposed a AU$5,000 transaction limit and mandatory due diligence on all ATM operators. This shift follows the surge in reported crypto scam occurrences between January 2024 and 2025, with over 150 scams targeting users. Despite these regulations, emerging projects like Qubetics are gaining traction as a result of their real-world applicability.