AUSTRAC Shuts Down Cryptolink's Crypto ATM Network
AUSTRAC has suspended Cryptolink's virtual asset service provider registration for three months due to non-compliance with anti-money laundering and counter-terrorism financing reporting obligations.
The decision affects all 96 cryptocurrency ATMs operated by the company, Cryptolink. The suspension will be in effect from August 10, 2026, until November 9, 2026.
AUSTRAC stated that Cryptolink failed to meet its reporting requirements, which is a serious concern for any virtual asset service provider.