AUSTRAC tables 2025-26 annual report with new AML/CTF laws
- —AUSTRAC's 2025-26 annual report was formally tabled in Australia's Parliament
- —New AML/CTF laws were introduced, tightening rules across affected sectors
- —The agency highlighted partnerships with industry to implement the new regime
- —The rules also cover entities handling cryptocurrencies
Why it matters: Stricter AML/CTF rules in Australia raise compliance costs for crypto firms and could bring more scrutiny and enforcement action.
Source: Coinfomania