Spokane, the second-largest city in the US state of Washington, has banned crypto ATMs to fight rising scam activity targeting the city’s residents.Spokane City Council said on Monday that it…
British fintech firm Revolut will launch its first automated teller machines (ATMs) next Monday in Madrid and Barcelona, two major Spanish cities.The company will initially deploy 50 ATMs and plans…
Australia’s financial crime regulator, AUSTRAC, has placed fresh rules on nationwide crypto ATM operators amid alarming crypto fraud cases.The regulator, on Tuesday, refused to renew the registration of a local…
In brief
AUSTRAC revoked a crypto ATM provider’s license and imposed $5,000 transaction caps after finding widespread fraud, especially targeting users aged 60–70.
New data shows over-50s account for 72% of ATM…
Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs.On May 12,…
In brief
Rep. Lance Gooden (R., Texas) has urged the GSA to install crypto ATMs in federal buildings.
He described the move as in line with Trump’s ambitions for U.S. blockchain leadership.
But…