ABIB facilitates bi-annual meetings between its members and AUSTRAC to foster open dialogue on regulatory compliance and anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. These meetings serve as a platform for ABIB members to discuss challenges, provide feedback, and stay updated on evolving compliance requirements. Key objectives of these meetings include: These bi-annual sessions […]
ABIB members held a video meeting with Monoova, a leading payments solutions provider, to discuss strategies for reducing and preventing fraud targeting Bitcoin Exchanges. This meeting was a key initiative in ABIB’s ongoing efforts to enhance security and protect consumers. During the meeting, ABIB and Monoova explored several crucial areas related to fraud prevention, including: […]
ABIB facilitates bi-annual meetings between its members and AUSTRAC to foster open dialogue on regulatory compliance and anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. These meetings serve as a platform for ABIB members to discuss challenges, provide feedback, and stay updated on evolving compliance requirements. Key objectives of these meetings include: These bi-annual sessions […]
The Australian Bitcoin Industry Body (ABIB) members have actively participated in providing feedback to AUSTRAC on its draft guidance for Australian Financial Institutions concerning customers in higher-risk sectors. ABIB’s feedback aims to ensure that regulations strike a balance between preventing financial crimes and fostering innovation in the growing digital asset space. Key Areas of Feedback: […]
ABIB facilitates bi-annual meetings between its members and AUSTRAC to foster open dialogue on regulatory compliance and anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. These meetings serve as a platform for ABIB members to discuss challenges, provide feedback, and stay updated on evolving compliance requirements. Key objectives of these meetings include: These bi-annual sessions […]
ABIB held the first of it’s bi-annual meetings between its members and AUSTRAC to foster open dialogue on regulatory compliance and anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. These meetings serve as a platform for ABIB members to discuss challenges, provide feedback, and stay updated on evolving compliance requirements. Key objectives of these meetings […]