The AFP’s cryptocurrency unit will encounter bad actors who use digital assets in money laundering and other financial crimes.
Applying strict regulations on the digital asset sector has been a mission for the Aussie government for a while now. Last year, former Federal Treasurer – Josh Frydenberg – said a “comprehensive payments and crypto-asset reform plan” is on the agenda for 2022. Earlier this year, the nation’s newly-elected Prime Minister – Anthony Albanese – doubled down on those plans.
“The environment was such that we felt a standalone team [was required], rather than a lot of officers picking up some of this skill set as part of their overall role. So we’ve now got a dedicated team that continues to grow,” Jerga explained. In March this year, the Australian Labor Party won the government elections, while its political leader – Anthony Albanese – became the next Prime Minister. Upon stepping into office, the new cabinet
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