Australia Targets Crypto ATM Abuse With New Student Visa Data Rules
PositiveCryptocurrency

Australia is taking significant steps to combat the misuse of cryptocurrency ATMs by implementing new data rules for student visa holders. This move is crucial as it aims to prevent financial exploitation and ensure that the growing crypto market operates within a regulated framework. By targeting potential abuses linked to student visas, the Australian government is not only protecting vulnerable individuals but also enhancing the integrity of its financial systems. This proactive approach could serve as a model for other countries grappling with similar issues.
— Curated by the World Pulse Now AI Editorial System