Australia's encryption ATM annual transaction limit is set at 5000 AUD, following over 3 million USD in losses due to encryption ATM fraud in the past year.

PANews reported on June 3 that Australia’s financial intelligence agency AUSTRAC announced new regulations on June 3, setting a single cash deposit and withdrawal limit for crypto ATMs at 5,000 AUD (approximately 3,250 USD), and strengthening customer due diligence and transaction monitoring. The new regulations aim to combat scams related to crypto ATMs, particularly 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, with 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 scams include investments, ransom emails, and “pig slaughter”. According to the data, the annual transaction volume of crypto ATMs is as high as $275 million, and the actual losses related to fraud may be seriously underestimated. Police warned that once a transfer is almost impossible to recover, and called on the public to be vigilant.