Australia Enforces $5K Limit on Crypto ATMs as Scams Increase
Australia has implemented new restrictions on cryptocurrency ATMs, including a $5,000 AUD ($3,250) cap on cash transactions, as authorities report a spike in fraudulent activity.
Australia has implemented new restrictions on cryptocurrency ATMs, including a $5,000 AUD ($3,250) cap on cash transactions, as authorities report a spike in fraudulent activity.
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"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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