Australia is main the world within the doubtful deployment of crypto-specific ATMs, however they coud quickly be banned. #9News …
source
Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at The Crypto HODL
Called out by the Biggest criminals of all, politicians.
You need to put your id in these things. You have to stand in front of them and get a photo taken too.
This is all such a lie.
Untraceable digital currency? What a lie. Its a blockchain network everything traceable
Ha ha ha ha ha ha ha ha cash has been used for all these purposes and more for hundreds of years
The people in this video are the criminals keep stacking bitcoin and put it in cold storage it's the only thing that exists that they can't consficat from you that's why they want to band it.
Fake news
Anything that a government says is "untraceable" is considered crime to them
They want to get rid of cash!
Dont these have to abide by KYC and AML laws? They actually ask for id before you can transact.
Government propaganda financed by the banking sector and perpetuated by the bought and paid for media.
Crypto ATMs are absolutely ridiculous exchange rates. No one in their right mind would use them.
More traceable than cash haha what a bogus report
Says the real criminals . These Parasites need to be jailed for their lies and corruption.
This report is garbage, similar to channel 9 "news". Fiat currency has been used for more illegal actvities than anything else, this is why banks have been fined billions in the past.
Bitcoin is not anonymous and is the only option thanks to the over printing of our fiat currency. They'll slam Bitcoin like this and later on promote it.
Untraceable is a lie
They don't like it because they can't control it… not everyone who wants privacy with their money is a criminal.
Haha right. So are we going to talk about casinos or are they making the government too much revenue?
Make no mistake, if the government can profit from money laundering, they will be fine with it.
Is it 2015 already?
Bitcoin protocol is immutable and open source all transactions are traceable back to the on ramps and off ramps linked to bank account. To suggest that mastermind criminals are using Bitcoin to hide and obfuscate unscrupulous earnings is incorrect and laughable by ignorance form media and politicians. Most all crime is conducted in the dollar fiat system.
Perfect for the underworld 😂😂😂😂😂😂😂😂 😂😂
we are still such a naive backwater. Reporting in Australia is so utterly uninformed and childish
Who uses them?
Go jump in the lake. Underworld my arse. All these crackdowns and regulations agree to control us and take our money..
The government is the problem. We are supposedly in a free country. I certainly don't want the government tracking and tracing and taxing all I do. The black market is the real economy and has nothing to do with whatever they make it seem to be. Do not trust the government
So the gov/ato are admitting that they can't actually track all wallets then 🤔 bc thats what this is telling me.
Australia we want our freedom back like if you agree
Oh fck off, see the government wants to know everything, say no to digital ID!
Dramatised and completely all lies, as usual from a weak corrupt government.
The only Bitcoin is BSV Terranode that shows all digital signatures. BTC with sigwit and lightning hides the digital signatures and is criminal.
Such a disingenuous article. This is all about controlling people's money and taking away our sovereignty.
The issue is criminals, not crypto. There are criminals daily all over the current banking system, even getting into children's accounts, can we spend time and resources looking into that? this is ridiculous rubbish
That's a load of BS. The ATO knows every move; it's all on a ledger, and every transaction is traced.
Omg what a joke. Who watches the news and who believes it anyways? Oh that's right, lots of people. Shame on their brain. 😅
Lock those criminal machines up.
Don’t bother going after the human criminals who really steal peoples life savings
The government jist doesn't want us to invest and make money a few months ago suncorp bank stopped transfers to cyrpto exchanges now this ,it doesn't take a rocket scientist to join the dots .
Keep voting Labor
Lol ALL crypto transactions are traceable as BLOCKCHAIN keeps am almost perfect record of accounting 🤡. So, how do you think governments have millions of dollars in crypto seized from elicit activity? 🤪
Absolute lies.
I watched a video on TikTok showing that over 100,000 Americans were scammed by this scheme. The CIA is now involved, and investigations have already begun. People no longer trust or believe in that type of business — they’re all frauds and scammers, and at the end of the day, you only end up losing your own money
Cash is more untraceable oh wait they are trying to f### ban that too. They want CBDCS that's it.
Fearful and aggressive tone to all Australian news, never watch it. Only the most brainwashed lefties watch it.
Crypto was the start of the decline in cash accessibility
Because the criminal underworld don’t use Australian dollars 🙄🤣
So are they going to close cash ATM's too, there are far more criminal cash transactions than crypto. Rather begin a free Australia wide Aged 50 and up education course on scams, it will save more people than banning crypto ATMs. The end game here is limiting your access to stop you from making a profit! Don't listen to what they say, look at what they do…
Hahaha… Get ready Australia your Digital Currency is coming.
If there not gonna buy every Aussie out of Bitcoin then go away leave it alone people are trying to make money your just mad that you can't tax it
This was complete BS.
What a joke Australia is a joke !! Time to leave
Just keep raping our land, giving our natural resources away for free while making the people pay for it. Ohhh sorry that’s legal. Scumbags
In Australia about 35% to 45% of your hard earned money goes to the government. It means over 1/3 of the time you are slaving away at your job to line the government's pocket. Of course they don't want you to own an independent non-government controlled money. That is why they will soon control your ID, your bank account and tell you to be happy about it.
Is the media really still framing crypto as criminal money? They seem to ignore that most criminals just use physical cash which is peer to peer and very hard to trace.
It’s 2025, crypto is a billion dollar industry and Bitcoin is the most sound money to exist.