AUSTRAC highlights ECDD as a key tool for crypto ATM providers to detect suspicious activity, identify high-risk customers, and act swiftly against ML and scams

Since September 2025, crypto ATM providers have been subject to enhanced regulatory conditions—including transaction limits, mandatory scam warnings, and targeted ECDD triggers—significantly strengthening their ability to detect and disrupt financial crime; these measures are enabling providers to identify complex and high-risk transaction patterns, verify source of funds, and take early action, with real case examples revealing large cash transactions, structuring behaviour, and potential money laundering leading to account closures, suspicious matter reports, and referrals to law…