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AUSTRAC Halts 96 Cryptolink Crypto ATMs Over Compliance Risks

Australia’s financial crime regulator has forced 96 Cryptolink crypto ATMs offline for three months after identifying renewed compliance failures. The suspension follows earlier enforcement over transaction reporting and...

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AUSTRAC Halts 96 Cryptolink Crypto ATMs Over Compliance Risks
Australia’s financial crime regulator has forced 96 Cryptolink crypto ATMs offline for three months after identifying renewed compliance failures. The suspension follows earlier enforcement over transaction reporting and anti-money laundering controls. Why Did AUSTRAC Shut Down Cryptolink’s 96 Crypto ATMs? Cryptolink’s 96 cryptocurrency automatic teller machines (CATMs), which allow customers to exchange cash for cryptocurrency, […]

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This maps to the Regulation hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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