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According to Decrypt, the New Zealand government has announced a nationwide ban on Crypto Assets ATMs and has set the international cash transfer limit to 5000 dollars as part of a new round of Anti-Money Laundering (AML) reforms aimed at combating Money Laundering and illegal fund flows. Currently, there are 221 Crypto Assets ATMs deployed in New Zealand. The new bill will also expand the powers of law enforcement agencies, strengthen financial monitoring of key individuals, and promote the establishment of a special fee system.

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