Australian authorities are targeting cryptocurrency ATMs and tightening regulations amid reports of widespread scamming and money laundering.
Anti-money laundering regulator AUSTRAC has refused to renew a crypto ATM operator’s licence and introduced transaction limited and tougher requirements to prevent cybercriminals from using the machines to extract money from victims.
Crypto ATMs allow people to buy cryptocurrency with cash and send tokens to a digital wallet.
Over several months, an AUSTRAC taskforce investigating their use uncovered activity linked to scams, fraud and other illegal ventures, the organisation’s chief executive Brendan Thomas said.
“The taskforce has uncovered disturbing trends which have confirmed that cryptocurrency ATMs are being used for scam/fraud-related transactions,” he said.
Analysis of data from nine crypto ATM providers found most users (79 per cent) were above 50 years old and 29 per cent of users were aged between 60 and 70.
“It is a huge concern that people in this demographic are over-represented as customers using cash to purchase cryptocurrency and, as evidence suggests, that a large number of 60 to 70 year old users are victims of scam activity.”
The Australian Federal Police said Australia’s online cybercrime reporting system had received 150 unique reports of scams using crypto ATMs in 2024, with estimated losses of more than $3.1 million.
While the figure was relatively small compared to the $119 million in total financial scam losses reported to Scamwatch in the first four months of 2025, the AFP believes crypto ATM scam losses are under-reported.
“Intelligence on crypto ATMs suggests everyday Australians are losing significant funds to crypto ATM scams, significantly more than is currently being reported to authorities,” AFP Commander Graeme Marshall said.
“This could be because victims don’t realise they’ve been the victim of a crime, they don’t know how to report scam activity, or they feel embarrassed because they were scammed.”
Australia has the third-most crypto ATMs in the world, behind the United States and Canada, with more than 1800 across the nation and increasing more than 15-fold in two years.
Around $275 million was moved through crypto ATMs nationally in 2024.
AUSTRAC’s new measures, which include tougher diligence obligations, mandatory scam warnings and better transaction monitoring was a flashing red light for the sector, Swinburne University emerging technologies specialist Dimitrios Salampasis said.
Mar 22, 2026
According to a report from Yahoo Finance, the cryptocurrency market has experienced significant volatility recently. Bitcoin’s value has fallen considerably from a peak recorded late last year, declining by a notable percentage year-to-date and dropping below a key threshold last month. While such digital assets may hold potential, their extreme price fluctuations can rapidly erase substantial gains, leading to sustained skepticism over many years since their inception.
In contrast, companies that demonstrably add value to the global economy are highlighted. ASML (NASDAQ: ASML), based in the Netherlands, is presented as a prime example of such a firm. The company is described as utterly foundational to the technology sector, operating with a unique market position.
ASML is the sole global manufacturer of extreme ultraviolet lithography machines, which are essential for producing the most advanced semiconductor chips. These highly complex machines are extremely large, require specialized transportation, and carry a price tag exceeding several hundred million dollars each. They function by using a precise laser to etch microscopic patterns onto silicon wafers.
Older lithography systems from other manufacturers cannot produce chips at the most advanced scales, such as those measuring seven nanometers or smaller. Consequently, every major semiconductor fabrication company and, by extension, the broader technology industry relies directly or indirectly on ASML’s equipment. This entrenched reliance suggests the company is well-positioned to maintain its dominant role as demand for semiconductors grows.
This report provides a comprehensive view of the semiconductor wafer manufacturing machine industry in the Netherlands, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the semiconductor wafer manufacturing machine landscape in the Netherlands.
The report combines market sizing with trade intelligence and price analytics for the Netherlands. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for the Netherlands. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
The forecast horizon extends to 2035 and is based on a structured model that links semiconductor wafer manufacturing machine demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in the Netherlands.
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of semiconductor wafer manufacturing machine dynamics in the Netherlands.
The market size aggregates consumption and trade data, presented in both value and volume terms.
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
The report benchmarks market size, trade balance, prices, and per-capita indicators for the Netherlands.
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Export
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
The Economic Offences Wing (EOW) CID police registered a case against a Chennai-based cryptocurrency investment firm and its director for defrauding investors by promising high monthly returns.
Investors claimed that TFT Block Chain Services Private Limited, operating under the name Tycoon Fintech, defrauded the public by collecting investments ranging from ₹20 crore to ₹30 crore.
Published – March 21, 2026 07:04 pm IST
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