One of the issue with crypto is there are more criminal sides to it than the legit. And with each use case of the crypto there are issues which kind of hurt the society. Take crypto ATM for an example. There are some of the scams that happened around the world ran by one italian guy who lived in UK and this incident was pre2022 where he used UK based ATM to get the funds out. 

Imagine same scenario in the Australia where the retirement income was circulated into the malaysia and the Philipines by the scam call center. And now that issue seems to be pretty strong with the Australian govt and they noticed the crypto ATMs are being used for variety of the similar scams. 

And in order to combat situations like these there are going to be rules and regulation. If you check coinradar ATM checker you would find some of the ATMs in the Australia like this. 

Now a lot of ATMs are insecure and they are going to log your face and other details and who knows some may even get you to record or fetch your keys while you transact. Some are secure and some are not likely to be secure. Australia seems to be keeping an eye on the companies which offer any form of such services and protecting citizens. 

This can be a good move considering there are more scams than this has any way helped people at all in such case. So here is one of such moves where the life in general can be pretty good if more rules and regulation can make things sorted and easier to go through as well. 

You can read the update on this. And see how the new changes in the crypto acceptance are going on. They accepted the crypto and now protecting it like any other assets. So in short govt around the world have come a long way too.