Regulator Fines Crypto ATM Operator Cryptolink Amid Crackdown on Illegal Activities 💸

The financial crimes regulator has taken action against a second crypto ATM operator as it cracks down on the machines being used by criminals for money laundering and scams. Australia has the third highest number of crypto ATMs in the world behind the US and Canada but there are growing calls to outright ban them. Operators argue they provide a legitimate way for customers to buy crypto currency.