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Australia Slaps AU$5,000 Cap on Crypto ATM Transactions—Because Nothing Says ’Innovation’ Like Arbitrary Limits
Australia Slaps AU$5,000 Cap on Crypto ATM Transactions—Because Nothing Says ’Innovation’ Like Arbitrary Limits
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Down Under tightens the screws on crypto accessibility—just as the market starts heating up again. Classic regulatory timing.
New rules force crypto ATMs to turn away anyone trying to move more than AU$5,000 per day. Because clearly, what the digital asset space needed was more friction.
Meanwhile, traditional banks continue laundering billions with a wink and a fine. Priorities, right?
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