This guide provides financial indicators to help businesses, including digital currency exchange providers, recognise and report criminal activity through digital currencies.
Digital currencies are increasing in value and acceptance as Australians have rapidly taken up this new technology. Digital currencies and blockchain technology enable digital transactions and financial products and services in new online networks, environments and marketplaces.
Criminals are attempting to take advantage of the rapid take-up of digital currencies to commit crimes and hide from law enforcement. The pseudo-anonymous and borderless nature of digital currencies can make them a risk for criminal activity including money laundering, terrorism financing, ransomware and more.
Download the Financial crime guide – Preventing the criminal abuse of digital currencies (PDF, 1.74MB)