According to ChainCatcher, the Australian Transaction Reports and Analysis Center (AUSTRAC) has issued a warning to crypto ATM operators, indicating that some machines may be used for money laundering or fraud. The statement shows signs of suspicious activities in crypto ATMs related to scams and fraud.

AUSTRAC CEO Brendan Thomas stated that they will ensure operators take measures to reduce money laundering and fraud risks.

Currently, Australia has 1,648 crypto ATMs, the most in the Asia-Pacific region, with 348 located in Sydney. The United States has also recently strengthened regulation of crypto ATMs, with an Illinois senator proposing a bill to limit daily transaction amounts and require refund guarantees.