PANews reported on June 3 that according to Cointelegraph, Australia's financial intelligence agency AUSTRAC announced new regulations on June 3, setting the single cash deposit and withdrawal limit for crypto ATMs at 5,000 Australian dollars (about 3,250 US dollars) and strengthening customer due diligence and transaction monitoring. The new regulations are intended to combat crypto ATM-related fraud, especially targeting older users.

According to the AFP, between January 2024 and January 2025, ReportCyber, an Australian cybercrime reporting platform, received 150 cases of fraud involving cryptocurrency ATMs, with a cumulative loss of $3.1076 million, an average loss of more than $20,000 per case, and nearly half of the victims were over 51 years old. The main types of fraud include investment, blackmail emails and "pig killing". Data shows that the annual transaction volume of cryptocurrency ATMs is as high as $275 million, and the actual losses of related frauds may be seriously underestimated. The police warned that once the transfer is made, it is almost impossible to recover it, and called on the public to be vigilant.