Australia shuts down Cryptolink Bitcoin ATMs over AML concerns
Australian authorities have shut down Cryptolink Bitcoin ATMs amid concerns related to anti-money-laundering compliance. The action highlights ongoing scrutiny of cryptocurrency ATM operators and their controls against illicit financial…
ATM Marketplace
Publisher
Aug 10, 2026 at 1:45 PM UTC · 1 min read
Key Signal
96 ATMs Cryptolink ATMs taken offline
Entities
bitcoin, chainlink
Market Impact
BTC+0.43%$74,530
Last Updated
3 months ago
Photo: Adobe Stock
August 10, 2026
Australian regulator AUSTRAC has turned Cryptolink's 96 ATMs in the country offline over concerns with anti-money laundering. As a result, all of these ATMs will be offline for three months, according to a report by Coin Telegraph,reposted on Trading View.
AUSTRAC stated that the company did not meet AML reporting guidelines, including those for threshold transaction reports. This isn't the first time Cryptolink has had issues with AUSTRAC, as it paid a $56,340 infringement notice for alleged breaches in AML protocols.
"As part of our continued focus on digital currency as a money laundering risk, AUSTRAC has ongoing concerns about the company's ability to manage high-risk transactions through its CATMs," Brendan Thomas, CEO, AUSTRAC, said in the report.
At the time of the writing of this story, Cryptolink has not responded to a request for comment from ATM Marketplace.
Quick Answers
Why were Cryptolink Bitcoin ATMs shut down in Australia?
The ATMs were shut down over anti-money-laundering concerns, according to the headline and excerpt.
Which crypto ATM operator was affected by the Australian shutdown?
The affected operator was Cryptolink, which ran Bitcoin ATMs in Australia.
What issue does the Cryptolink shutdown highlight?
It highlights regulatory concerns about anti-money-laundering compliance among cryptocurrency ATM operators.
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Originally reported by ATM Marketplace
NewsLayer coverage based on externally reported material.
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