New Zealand Wants to Ban Crypto ATMs in Anti-Money Laundering Overhaul

New Zealand Wants to Ban Crypto ATMs in Anti-Money Laundering Overhaul

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New Zealand's government plans to ban crypto ATMs as part of an overhaul of its anti-money laundering and countering the financing of terrorism (AML/CFT) regime. The government wants to target the means criminals use to "convert cash to high-risk assets such as cryptocurrencies," according to an…

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