Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Cryptolink Bitcoin ATMs Shut Down in Australia Over Compliance Failures

Guavy AI Editorial Team
Instruments
BTC TRAC
Share

Australia's anti-money laundering watchdog, AUSTRAC, has suspended Cryptolink's operation of Bitcoin ATMs for three months due to ongoing concerns about its compliance with anti-money laundering obligations.

Cryptolink, which operates 96 Bitcoin ATMs across major cities in Australia including Sydney, Melbourne, and Brisbane, failed to meet basic reporting requirements, particularly threshold transaction reports, and did not respond to AUSTRAC's request for information.

AUSTRAC CEO Brendan Thomas stated that the company's Virtual Asset Service Provider (VASP) registration has been suspended for three months starting Sunday, effectively halting its crypto ATMs' operations during this time.

More on Crypto

Crypto just now

Solana Price Eyes $79 Breakout as SOL Momentum Improves

Crypto just now

10,000 TWD Drops to 4.03692658 SOL on Bybit

Crypto just now

Quantum Attack on Crypto May Sneak Up Unnoticed

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy