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Australia forces 96 Cryptolink crypto ATMs offline in AML crackdown
Aug 10, 2026
< 1 min read
by Ashish Kumar
for CryptoPolitan
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Australia's anti-money laundering authority halted Cryptolink's registration and forced the shutdown of 96 cryptocurrency ATMs amid a broader US, Canada and Europe crackdown on cash-to-crypto kiosks linked to fraud and financial crime. The action heightens regulatory and security risks for cash on-ramps, likely curbing retail adoption, increasing compliance costs for kiosk operators and CEXs, and pressuring liquidity and market access for crypto.
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Australia’s anti-money laundering authority has put a halt to the registration of Cryptolink, resulting in the shutdown of 96 cryptocurrency ATMs. This move comes as countries such as the United States, Canada, and Europe have started to clamp down on cash-to-cryptocurrency kiosks, facilities that are increasingly being linked with fraud and other financial crimes. The...
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