New Zealand to ban crypto ATMs in AML crackdown

New Zealand’s Ministry of Justice is set to ban crypto ATMs as part of a sweeping overhaul of the country’s anti-money laundering and counter-terrorism financing (AML/CFT) framework. Th...

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New Zealand to ban crypto ATMs in AML crackdown

Source: CryptoSlate

New Zealand’s Ministry of Justice is set to ban crypto ATMs as part of a sweeping overhaul of the country’s anti-money laundering and counter-terrorism financing (AML/CFT) framework. The move forms part of a broader strategy to tighten regulations around financial crime while reducing compliance burdens for legitimate businesses. In a statement released on July 9, […]