Tag: Money Laundering

  • Crypto ATMs Banned in New Zealand to Fight Crime

    Crypto ATMs Banned in New Zealand to Fight Crime

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    by

    Yashika Gupta

    New Zealand has taken a bold step to fight money laundering and financial crime by banning crypto ATMs and capping international cash transfers. The move, announced by Associate Justice Minister Nicole McKee, is part of a wider reform to the country’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regime. The government says the…