Hawaii To Ban Cash Deposits at Crypto ATMs From October
In brief From October 1 it becomes an unlawful practice in Hawaii to operate a kiosk that accepts U.S. currency in exchange for a digital...
Tag : ATMs
Bitcoin ATMs Pulled in Australia as Regulators Signal Wider Crackdown
In brief AUSTRAC suspended Cryptolink’s VASP registration for three months from August 9, shutting its 96 crypto ATMs. The trigger was missed “basic reporting obligations,”...
Australia orders Cryptolink Bitcoin ATMs offline over ‘basic reporting’ failures
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. ...
Delaware Advances Bill to Ban ‘Predatory’ Bitcoin ATMs
In brief Delaware lawmakers have advanced House Bill 441 to ban cryptocurrency kiosks statewide. If passed, the bill would require existing machines to go offline...
Delaware, New Jersey advance bills banning crypto ATMs
Delaware and New Jersey have both advanced legislation to ban cryptocurrency ATMs in what is becoming a growing trend across US states, with lawmakers concerned...
How President Trump’s Immigration Order Will Feed the Stablecoin Economy, Bitcoin ATMs
In brief A new executive order tasks federal regulators with tightening fraud screening and limiting credit lines for undocumented immigrants. Experts say the policy mirrors...
Is It All Over For Bitcoin ATMs? Bitcoin Depot ATM Empire Collapses into Bankruptcy
Bitcoin Depot, once the largest Bitcoin ATM operator in North America with 9,276 kiosks across the U.S., Canada, and Australia, has filed for Chapter 11...
Canadian Government Pushes for Sweeping Ban on Bitcoin, Crypto ATMs
In brief Canada’s Department of Finance is pushing for a sweeping ban on Bitcoin and crypto ATMs, in an attempt to clamp down on a...
Tennessee Becomes Second State to Outlaw Bitcoin, Crypto ATMs
In brief Tennessee has become the second U.S. state to impose a sweeping ban on Bitcoin ATMs, which is set to take effect in July....