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Crypto· Crypto Regulation

Australia says it removed 45 crypto, remittance registrations over the past year

Australia's financial regulator AUSTRAC removed 45 cryptocurrency and remittance service registrations over the past year, targeting providers deemed inactive, insolvent, or high-risk for money laundering and terrorism financing. The enforcement action included canceling GetCoins' registration in June following its alleged exploitation by organized investment scams.

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