Business

Financial crimes regulator AUSTRAC demands an external auditor for Airwallex over AML/CTF concerns

- January 22, 2026 3 MIN READ

The Australian government’s financial system anti-crimes regulator, AUSTRAC, has called in an external auditor at Airwallex over concerns that the fintech unicorn has failed to properly comply with anti-money laundering and counter-terrorism financing (AML/CTF) laws. AUSTRAC CEO Brendan Thomas, said the external audits will assess serious compliance concerns by the regulator, which is charged with… Read more »

Bitcoin ATM
Cryptocurrency

The Australian government is cracking down on cryptocurrency crimes with new regulatory powers over Crypto ATMs

- October 16, 2025 2 MIN READ

Home Affairs Minister Tony Burke on Thursday will outline new powers to combat money laundering, terrorism financing and crime risks associated with cryptocurrency and Crypto ATMs. AUSTRAC, Australia’s anti-money laundering and counter-terrorism financing regulator, estimates 85% of the transactions sent by the top users of Crypto ATMs comes from the proceeds of scams or money-mule… Read more »