AUSTRAC Fines Cryptolink in Australian Crypto ATM Crackdown - Regulatory Enforcement

Australian financial intelligence agency AUSTRAC has imposed significant penalties on Cryptolink as part of its ongoing crackdown on cryptocurrency ATM operations. The regulatory action demonstrates Australia's strengthened oversight of digital asset services and compliance enforcement in the crypto sector. This enforcement highlights increased regulatory scrutiny on crypto ATM operators and their anti-money laundering obligations under Australian financial regulations.