AUSTRAC Halts 96 Cryptolink Crypto ATMs Over Compliance Risks

AI Summary 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, […] fulltext: 442 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/regulation-and-legal/austrac-halts-96-cryptolink-crypto-atms-over-compliance-risks/ Source: Bitcoin.com News