AUSTRAC Pulls 45 Crypto Registrations, Shuts Down 96 ATMs

Australia’s financial intelligence agency AUSTRAC canceled, suspended, or refused to renew 45 registrations for virtual asset service providers and remittance dealers over the past 12 months. The agency suspended Cryptolink Pty Ltd on August 9, 2026, an enforcement action that immediately shut down 96 crypto ATMs across the country. BA Digital Ventures, trading as GetCoins, had its registration canceled on June 4, 2026, following customer complaints tied to organized investment fraud. The regulatory sweep also initiated a parallel investigation into Western Union, though specific findings haven't been disclosed. "Entities stripped of their registrations lose the legal right to operate immediately." — Brendan Thomas