Australia’s AUSTRAC Warns Crypto ATM Operators on Compliance

April 4, 2025

Catenaa, Friday, April 04, 2025-Australia’s financial intelligence agency AUSTRAC has placed crypto ATM providers “on notice,” warning them over missing anti-money laundering (AML) checks and potential links to criminal activity.  In a statement released Monday, AUSTRAC highlighted concerning trends in suspicious transactions, including those potentially tied to scams and fraud. The warning follows months of […]

Spokane Bans Bitcoin ATMs Citing Surge in Scam Complaints

June 27, 2025

Catenaa, Friday, June 26, 2025-The Spokane City Council has unanimously voted to ban all cryptocurrency ATMs within city limits, responding to a sharp rise in scams linked to Bitcoin kiosks that targeted elderly residents and defrauded victims of millions of dollars. The ordinance, passed Monday, directs operators to remove around 45 crypto ATMs from convenience […]