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AUSTRAC Shuts Down 96 Crypto ATMs Amid Compliance Concerns

Guavy AI Editorial Team
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The Australian Transaction Reports and Analysis Centre (AUSTRAC) has temporarily suspended Cryptolink's registration for three months, forcing its 96 cryptocurrency ATMs across Australia offline.

The regulator cited ongoing concerns over the company's anti-money laundering and counter-terrorism financing compliance.

Cryptolink had previously acknowledged delayed threshold transaction reports and was strengthening its systems after an earlier intervention in October 2025.

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