Australia's financial regulator, AUSTRAC, has suspended the registration of Cryptolink, a Bitcoin ATM operator, for three months beginning Sunday, effectively halting its machines. The suspension follows AUSTRAC's finding that Cryptolink did not file required threshold transaction reports and failed to respond to a request for information. The regulator also issued a $56,340 infringement notice, which the company paid, after an earlier enforceable undertaking in October 2025 identified late reporting and inadequate risk assessments. Brendan Thomas, AUSTRAC chief executive, said the agency has ongoing concerns about the firm's ability to manage high‑risk transactions through its crypto ATM network. Cryptolink operates 96 ATMs, primarily in Sydney, Melbourne and Brisbane, and holds the largest number of crypto ATMs in the Asia‑Pacific region. The company has been the focus of regulatory action on crypto ATMs since late 2024.