About the company > News and mailing > Jurisdictions news > New rules for Australia's crypto-exchanges have been published

New rules for Australia's crypto-exchanges have been published


				10.05.2018
						

Australia's crypto-exchanges are required to comply with the new provisions of the anti-money laundering and terrorist financing Act.

The innovations include the identification and verification of the identity of customers, as well as the obligation to notify AUSTRAC (Australian Transaction Reporting and Analysis Center) of suspicious transactions and transactions for more than $ 10,000. In addition, crypto-exchanges are required to store information during 7 years.

Companies providing digital currency exchange and money transfer services are required to register with AUSTRAC till May 14th, 2018.

On materials of the following website: http://www.austrac.gov.au/news/digital-currency-exchange-providers-register-online-austrac

Back to the list

Quickly and confidentially.
A qualified expert will give you a free consultation by telephone, help to determine the position and make an appointment at any time that suits you.
Call just now by phone: +44 203 608 22 48
E-mail us: london@hbcomp.co.uk


News

10/06/2025 17:36:00

Turkey cancels fake "golden" passport

Turkish law enforcement agencies have eliminated an organized crimi ...

Read more

10/01/2025 17:37:00

TOP 10 safest countries in the world in 2025

CS Global Partners consulting company has published a rating of th ...

Read more

09/29/2025 17:42:00

UBS Bank is considering moving to the USA

Switzerland's largest bank, UBS, may move to the United States amid ...

Read more