Australia Suspends Cryptolink’s 96 Bitcoin ATMs for Three Months

Australian watchdog suspends Cryptolink, forcing 96 ATMs offline

The regulator cited missing transaction reports and the company’s failure to respond to an information request.

Wild reason ATMs shut down across Aus

Australia’s largest crypto ATM network, which has become a familiar sight around shopping centres, has been ordered offline for a wild reason.

Australia suspends Cryptolink’s 96 Bitcoin ATMs for three months

Australia’s financial intelligence agency has suspended Cryptolink’s crypto ATM operations for three months after finding failures in transaction reporting and raising ongoing concerns over the company’s handling of high-risk activity. According to the Australian Transaction Reports and Analysis Centre, Cryptolink’s…

Australia Suspends Cryptolink Bitcoin ATMs

AUSTRAC suspended Cryptolink’s registration for three months, forcing its 96 Australian Bitcoin ATMs offline over anti-money laundering concerns.

Cryptocurrency ATM suspended after ‘basic reporting’ failure

Australia’s financial crimes watchdog has suspended a cryptocurrency ATM network from trading amid concerns about its compliance with anti-money laundering and counter-terrorism financing laws.

Cryptolink's Shutdown Is AUSTRAC's Dry Run for a Blanket Crypto ATM Ban

Australia's financial crime regulator has shown the crypto ATM industry it doesn't need new legal powers to shut a major operator down — it can already do it with the ones it has.AUSTRAC suspended Cryptolink Pty Ltd's registration as a Virtual Asset Service Provider for three months, effective August 9, taking the company's 96 Bitcoin ATMs offline across Sydney, Melbourne, and Brisbane. The regulator said Cryptolink had met the terms of an enfor…