UK Tax Authority Ramps Up Crypto Compliance Efforts as Global Scrutiny Intensifies
HMRC’s Aggressive Crypto Tax Enforcement Strategy The UK’s HM Revenue & Customs has dramatically escalated its pursuit of unpaid cryptocurrency…
Category: Cryptography
Australia Announces Crypto ATM Crackdown Amid Mixed Economic Signals
The Australian government is launching a crackdown on cryptocurrency ATMs used by money laundering operations. This comes as new research shows household income growth alongside rising financial stress levels across the population.
Government Targets Crypto ATMs in Money Laundering Fight
Australia’s home affairs minister Tony Burke will announce new regulatory powers today to crack down on cryptocurrency ATMs that sources indicate are being exploited by money laundering networks and terrorism financiers. According to reports, the minister will outline the government’s strategy during a scheduled address at the National Press Club in Canberra.