PANews reported on April 30 that according to Cointelegraph, Australia's anti-money laundering agency AUSTRAC requires registered but not actually operating cryptocurrency exchanges to voluntarily cancel their registrations, otherwise they will be forced to cancel their registrations. The agency stated on April 29 that among the 427 registered exchanges, some have not been operating for a long time and may be acquired by criminals for fraud. AUSTRAC CEO Brendan Thomas emphasized that registered companies need to update their operating status in a timely manner, otherwise they will face the "use or cancel" disposal.

AUSTRAC plans to publish a list of registered exchanges to help the public identify legitimate platforms. Since 2019, 10 institutions have been deregistered, including the local subsidiary of FTX, which was dealt with in June 2024. In February this year, the agency also took compliance review measures against 13 remittance service providers and exchanges. Australia has not yet introduced special crypto regulations, and the government intends to promote the inclusion of exchanges in the regulatory framework of the existing financial services law before the general election on May 3.