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Category Crypto ATMs

Florida’s new crypto ATM law makes scam refunds the cost of doing business

Florida’s new crypto ATM law makes scam refunds the cost of doing business

HB 505 tests whether caps, receipts, warnings, and conditional refunds can shift fraud costs onto kiosk businesses. The post Florida’s new crypto A...
Canada wants to ban crypto ATMs as fraud fears turn Bitcoin access into a political target

Canada wants to ban crypto ATMs as fraud fears turn Bitcoin access into a political target

The country that gave the world its first crypto ATMs is now preparing to eliminate them entirely. In April 2013, a Vancouver coffee shop installed...
Crypto ATMs Face Potential Ban in Canada as Crime Crackdown Intensifies

Crypto ATMs Face Potential Ban in Canada as Crime Crackdown Intensifies

BitcoinWorld Crypto ATMs Face Potential Ban in Canada as Crime Crackdown Intensifies Canada considers a ban on crypto ATMs. This move aims to crac...
Australia's AUSTRAC Fines Cryptolink as Part of Crypto ATM Crackdown

Australia's AUSTRAC Fines Cryptolink as Part of Crypto ATM Crackdown

AUSTRAC has fined Cryptolink 56,340 Australian dollars ($37,000) after identifying "weaknesses" in the company's AML/CTF compliance.
Australia's Government Proposes New Powers for AUSTRAC to Restrict Crypto ATMs

Australia's Government Proposes New Powers for AUSTRAC to Restrict Crypto ATMs

AUSTRAC said that the majority of high-value crypto ATM transactions were directly associated with scams or moving money to high-risk jurisdictions.