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AAP
AAP
Politics
Grace Crivellaro

Crypto crackdown targets ATM laundering rackets

Cryptocurrency ATMs are increasingly being linked to scams and money laundering. (Darren England/AAP PHOTOS)

Banks have welcomed fresh powers to protect international students vulnerable to money laundering schemes linked to cryptocurrency and crypto ATMs.

Changes to anti-money laundering and counter terror laws were announced by Home Affairs Minister Tony Burke in a speech at the National Press Club on Thursday.

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