The firm stated that, «the proposed legislative amendments do not seem to contemplate for the likely scenario that an individual can simply choose to exchange with a digital currency provider outside of Australia's national jurisdiction.» (kryptomoney.com)
«The lack of AML / CFT regulation of virtual currency providers worldwide greatly exacerbates virtual currency's illicit financing risks. (coindesk.com)
They also added that, «What is unclear is whether the legislative amendments capture a person who exchanges with a digital currency provider outside of Australia. (kryptomoney.com)