Australia’s financial crimes watchdog AUSTRAC canceled, suspended, or refused renewal of 45 registrations for virtual asset service providers and remittance dealers over the past 12 months. Reasons included business dormancy, insolvency, and elevated risks of money laundering and terrorism financing. The most notable action was the cancellation of BA Digital Ventures Pty Ltd (GetCoins) on June 4, 2026, following customer complaints linked to investment scams. AUSTRAC also suspended Cryptolink Pty Ltd on August 9, 2026, shutting down 96 crypto ATMs across Australia.
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