A notice confirms that digital currency ATMs constitute banking business, meaning they fall within BaFin’s regulatory remit.
Police in Hong Kong have arrested three people who they claim stole close to $30,000 from BTC ATMs in the city.
The German regulator said Shitcoins Club wasn’t licensed to facilitate ‘proprietary trading on a commercial basis.’
Firms operating digital currency ATMs are technically operating digital asset exchanges, which need to be authorized by the regulator.
Paxful has entered into a partnership with CoinLogiq, a blockchain company out of Colombia, to begin to install crypto ATMs in the country, as well as Peru.
Nevada is forcing the ATM operators to get licensed so they can get a clear picture of how many ATMs are in the state.
Law enforcement in Spain the automated machines operate within an anti-money laundering blind spot that is helping criminals.
Coinsquare has bought into Just Cash, a move that will allow users to trade in crypto right from an ATM.
According to law enforcement in Vancouver, a ban would bring an end to a reported surge in criminal use of the crypto ATMs.