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Showing 1 - 2 of 2 results for "National Risk Assessment"

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... are complying with Australian law and limiting their exposure to crime." He added that AUSTRAC's National Risk Assessment 2024 highlighted the increasing vulnerability of digital currencies to criminal abuse and the action against Binance remains ...

Cointree hit with AUSTRAC fine

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... more serious regulatory response," he said. In 2024, AUSTRAC released the Money Laundering in Australia National Risk Assessment which identified the digital currency exchange (DCE) sector as being vulnerable to money laundering due to its speed, global ...
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