The Australian Federal Police has set up a new cryptocurrency unit to target money laundering as more criminals seek to bypass the financial system and funnel money offshore.
The set up of the new cryptocurrency unit also comes shortly after an executive of a financial intelligence agency warned about the illicit use of crypto.
For more information see https://www.afr.com/companies/financial-services/australian-federal-police-forms-cryptocurrency-unit-to-hit-criminals-20220901-p5bejr
