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Australia Has Kicked 45 Crypto and Money Transfer Firms Off Its Registers

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Australia Has Kicked 45 Crypto and Money Transfer Firms Off Its Registers

Australia’s financial crime regulator has struck 45 remittance and virtual asset service provider (VASP) registrations from its registers. The cancellations, suspensions, and refused renewals span the past year. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has referred individuals behind some of those businesses to law enforcement. Why Australia Pulled 45 Crypto Firms Off Its The post Australia Has Kicked 45 Crypto and Money Transfer Firms Off Its Registers appeared first on BeInCrypto.

Key Takeaways

  1. Australia’s financial crime regulator has struck 45 remittance and virtual asset service provider (VASP) registrations from its registers.
  2. The cancellations, suspensions, and refused renewals span the past year.
  3. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has referred individuals behind some of those businesses to law enforcement.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.