In short

  • AUSTRAC removes 45 money transfer and crypto companies from the register in Australia in the past year

  • Dormant companies, insolvent companies, and companies that do not comply with the rules have had their licenses revoked by the regulator

  • GetCoins loses its registration after being accused of being used by a crypto investment fraud network in the United States

Read the original story: Australia deregisters a crypto company and moves funds from 45 locations by Kamina Bashir at th.beincrypto.com