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A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain licenses and comply with fee limits and new disclosures. California Court Upholds Bitcoin ATM Withdrawal Limit The California Department of Financial Protection and Innovation (DFPI) … Read more
The number of new crypto ATMs in Australia has surged 17 times over the past two years, but TRM Labs has warned about their use in scams, fraud, and crime. Go to Source
Over the last few years, cryptocurrency automated teller machines (ATMs) have proliferated. According to statistics, there are now over 4,400 digital currency dispensing machines worldwide with new models under development. The following ATMs can be purchased today, allowing anyone to deploy a crypto-dispensing kiosk at their local convenience store or tavern. Also read: Why Colombia … Read more
One week after Indian cryptocurrency exchange Unocoin announced the launch of its ATM, local police have reportedly seized the machine and arrested two founders of the company, including the CEO. Police say the machine was set up without approval. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Several Items Seized Indian police have seized … Read more
