In brief
Wisconsin Democrats have introduced two identical bills within weeks to tighten rules on crypto kiosks amid rising fraud losses.
The proposals require money transmitter licenses, strict ID verification, fraud alerts,…
The U.S. Treasury’s Financial Crimes Enforcement
Network (FinCEN) has issued a notice urging financial institutions to monitor
suspicious transactions involving convertible virtual currency (CVC) kiosks. This follows a rise in scams and…
Seven crypto ATMs were seized and two people were arrested in southwest London on Thursday on suspicion of money laundering and operating an illegal cryptocurrency exchange.The operation was led by…