The use of cryptocurrencies for illegal purposes in Australia has increased, and calls for stricter regulation have intensified

Odaily News The latest research report released by the financial intelligence government agency AUSTRAC points out that the illegal use of cryptocurrencies in Australia has increased. The 2024 AUSTRAC National Risk Assessment for Money Laundering details the methods used by criminals to launder money, pointing out that the criminal use of digital currencies, digital currency exchanges and unregistered remittance services has increased significantly, and calls for strengthened supervision have escalated. (Cointelegraph)