AUSTRAC Slaps Cointree | Crypto

AUSTRAC has fined Melbourne-based crypto exchange Cointree A$75,120 for submitting suspicious matter reports late, saying the delay has hindered investigators tracing criminal funds. The case reflects Australia’s drive to shutter inactive exchanges and reinforce anti-money-laundering controls. The post AUSTRAC Slaps Cointree with $48K Fine for Late SMRs – Who’s Next? appeared first on Cryptonews.