LOGIN
SUBSCRIBE
UPGRADE
LOGOUT
Open menu
PayDay News - Payments Industry News Australia
Got a story
to share?
Open menu
LOGIN
SUBSCRIBE
UPGRADE
LOGOUT
PayDay News | Australian Payments News

New AML rules slow crypto transactions to a crawl say experts


5 Nov, 2026
Add us as a preferred source on Google
Guest Contributor

5 Nov, 2026
Add us as a preferred source on Google
New Anti-Money Laundering/Counter Terrorism Financing laws have slowed Australian Cryptocurrency transaction times from seconds to “almost an hour,” exchanges are claiming.
New AML rules slow crypto transactions to a crawl say experts
AML lawyer Dr. Giulia Dondoli and Cadena Legal managing director and Blacksheep founder Harrison Dell. Background generated by AI.

New Anti-Money Laundering/Counter Terrorism Financing laws have slowed Australian Cryptocurrency transaction times from seconds to “almost an hour,” exchanges are claiming.

Subscriber article

This article is available to PayDay News subscribers.

Subscribe to continue reading
PAYDAY NEWS ANNIVERSARY EDITION

trending

New AML rules slow crypto transactions to a crawl say experts
New Anti-Money Laundering/Counter Terrorism Financing laws have slowed Australian Cryptocurrency transaction times from seconds to “almost an hour,” exchanges are claiming.
NAB helps AustralianSuper handle Payday Super payments surge
NAB’s real time payments implementation and automated reconciliation has helped Australia’s biggest super fund - AustralianSuper - process more transactions while lowering exception rates following the introduction of
RBA sat in on ATO card fee talks as schemes lifted interchange
While the Finance Minister tried to dodge chaos around the credit card surcharge ban, Tax Commissioner Rob Heferen detailed failed talks with the RBA and card companies, as
Revolut Bank brand spans Tasman after NZ licence win
Revolut’s New Zealand banking approval brings a shared bank brand across the Tasman, with NZ chair Rob Everett supporting its challenge to established lenders.
Banks making cash harder to get with Points of Presence in decline
With the schemes’ surcharge ban well underway, many are looking to cash as a potential substitute. APRA’s new points of presence data shows that getting cash in Australia

RELATED STORIES ▸

Proposed tax transparency rules signal a maturing crypto market
Proposed tax transparency rules signal a maturing crypto market
Proposed tax transparency rules signal a maturing crypto market
Experts believe the government’s draft legislation to improve tax transparency for cryptocurrencies could bring greater certainty and signal sector maturity, ...
Binance heist tests crypto trust as Westpac caps payments
Binance heist tests crypto trust as Westpac caps payments
Binance heist tests crypto trust as Westpac caps payments
Binance’s US$6.3 billion theft intensifies scrutiny of crypto custody as Westpac follows CBA with a $10,000 monthly exchange-payment limit and ...
Banking Circle backs AllUnity’s USDAU drive
Banking Circle backs AllUnity’s USDAU drive
Banking Circle backs AllUnity’s USDAU drive
Banking Circle is supporting AllUnity’s push into cross-border business payments, providing the banking services behind its US dollar stablecoin, USDAU. ...
Tighter crypto CFD rules promise retail protection but could pressure platforms
Tighter crypto CFD rules promise retail protection but could pressure platforms
Tighter crypto CFD rules promise retail protection but could pressure platforms
Securities regulator ASIC and the Reserve Bank have launched new consultations on crypto proposals that promise better protections for users ...
Young Aussie Crypto investors want clearer rules to drive adoption
Young Aussie Crypto investors want clearer rules to drive adoption
Young Aussie Crypto investors want clearer rules to drive adoption
Everyday cryptocurrency investors in Australia want clearer rules for the market, with several industry executives telling PayDay News that regulatory ...
Aussie crypto poised to “explode” but barriers remain
Aussie crypto poised to “explode” but barriers remain
Aussie crypto poised to “explode” but barriers remain
Can I use crypto for that? Industry experts tell PayDay News that regulation and the growing availability will soon accelerate ...

Got a story to share?

Get in touch with PayDay News today!
Click here to email us

Topics

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information