Australia: Issued guidance on preventing criminal abuse of digital currencies
Description
Issued guidance on preventing criminal abuse of digital currencies
On 21 April 2022, the Australian Transaction Reports and Analysis Center (AUSTRAC) released a guidance for businesses, especially digital currency exchange providers, to detect and prevent abuse of digital currencies. The guidance explains the risks…
Scope
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government