Melbourne cryptocurrency trading platform Cointree fined $75,120 for delayed submission of suspicious activity reports
ChainCatcher news, according to Decrypt, the Australian Transaction Reports and Analysis Centre (AUSTRAC) has fined Melbourne-based cryptocurrency exchange Cointree $75,120 for failing to submit suspicious matter reports (SMR) within the required timeframe.Cointree has proactively disclosed the delay and is improving its internal compliance systems.