Australia Pulls 96 Crypto ATMs Offline Over AML Reporting Failures

AI Summary The Australian Transaction Reports and Analysis Centre (AUSTRAC) has suspended crypto ATM operator Cryptolink’s registration for 3 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. Reporting Failures Trigger AUSTRAC’s Action Against Cryptolink The suspension began Sunday, August 9, according to The post Australia Pulls 96 Crypto ATMs Offline Over AML Reporting Failures appeared first on BeInCrypto . fulltext: 567 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/austrac-suspends-cryptolink-crypto-atms/ Source: BeInCrypto