On December 6th, Australia established a special task force to strengthen the management of encrypted ATMs. The task force aims to ensure that digital currency exchanges (DCEs) that provide cryptocurrency ATM services comply with minimum standards. This measure is intended to implement strong measures to prevent these machines from being used for fraud, deception, or criminal transactions.

According to the 2006 Anti-Money Laundering/Counter-Terrorism Financing Act, DCEs, including cryptocurrency ATM providers, must register with the Australian Anti-Money Laundering and Counter-Terrorism Financing Committee. In addition, they must monitor transactions, verify customer identities (KYC), report suspicious activity (SMR), and submit threshold transaction reports for cash transactions of $10,000 or more.