On March 31, according to Decrypt's report, the Australian Transaction Reports and Analysis Center (AUSTRAC) warned cryptocurrency ATM operators that such devices may be used for money laundering and fraud activities. AUSTRAC CEO Brendan Thomas stated that it is necessary to ensure cryptocurrency ATM operators establish sound risk prevention mechanisms.

According to Coin ATM Radar data, Australia currently has 1,648 cryptocurrency ATMs, the most in the Asia-Pacific region, with 348 in Sydney alone, a significant increase from 23 in 2019. Under Australia's Anti-Money Laundering and Counter-Terrorism Financing Act, all digital currency exchanges (including cryptocurrency ATM operators) must register with AUSTRAC, perform KYC checks, monitor transactions, and report cash transactions exceeding 10,000 Australian dollars.