Australia’s financial watchdog has suspended Cryptolink’s registration for three months, adding to a crackdown that previously saw the Bitcoin ATM operator fined $56,340. Australia’s anti-money laundering watchdog has suspended the operation of Cryptolink’s Bitcoin ATMs for three months, citing “ongoing concerns” about its compliance with anti-money laundering obligations. Australia has the highest number of crypto ATMs of all countries in the Asia-Pacific region. Australian authorities have been cracking down on the criminal use of crypto ATMs since at least late 2024. Cryptolink has 96 ATMs in Australia, allowing customers to exchange cash for Bitcoin.