Internet reports that Australia's anti-money laundering agency AUSTRAC requires registered but not actually operating cryptocurrency exchanges to proactively deregister, otherwise they will be forcibly deregistered. The agency stated in a statement on April 29 that some of the currently 427 registered exchanges that have not been operating for a long time may be acquired by criminals for fraud. Brendan Thomas, CEO of AUSTRAC, emphasized that registered companies need to update their operating status in a timely manner, otherwise they will face "use or cancellation". AUSTRAC plans to publish a list of registered exchanges to help the public identify legitimate platforms. Since 2019, 10 institutions have been deregistered, including the local subsidiary of FTX that was processed in June 2024. In February this year, the agency also took compliance review measures on 13 remittance service providers and exchanges. At present, Australia has not introduced special encryption regulations, and the government plans to promote the inclusion of exchanges into the regulatory framework of the existing Financial Services Law before the general election on May 3.