Australia suspends Cryptolink’s 96 Bitcoin ATMs for three months
Australia suspends Cryptolink’s 96 Bitcoin ATMs for three months
Cryptolink’s 96 Bitcoin ATMs have been suspended for three months over compliance concerns.AUSTRAC cited failures involving threshold transaction reports and an unanswered information request.Cryptolink previously paid a A$56,340 penalty after alleged reporting and risk assessment failures.Australia has tightened crypto ATM controls after authorities linked the machines to scams and money laundering risks.