Spokane city authorities have dealt a devastating blow to cryptocurrency ATM operators by enacting an outright ban on them across the city in a landmark ruling. The blanket prohibition, passed unanimously without a single vote against it. It is a bold move because it is the first time that the
Australia is tightening control over crypto ATMs following a sharp rise in scam-related fraud, primarily targeting older citizens. The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced a $5,000 AUD (approx. $3,250 USD) limit on cash deposits and withdrawals at crypto ATMs, effective immediately. This move aims to reduce the
The North Dakota Senate has voted overwhelmingly in favor of House Bill 1447. A new bill to license cryptocurrency ATMs and enhance consumer protection. The bill, passed 45-to-1 on March 18, reinstates a $2,000 per-user, per-day transaction limit and imposes tough licensing and anti-fraud regulations on crypto ATM operators. Stricter
The US regulatory sector is the prime of activity in 2025. Numerous advancements, bills passed, and laws enforced suggest that the nation is preparing for a boom in the crypto industry. While leading states made the initial steps, others are now paving the way for their citizens to join the
Increase in demand for ATMs in Australia, an intuitive financial service company named Olliv brought more than 300 ATMs into the country. These are based on cryptocurrencies decreasing the chance of fraud. These ATMs support cash deposits to buy any cryptocurrencies like Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH), and even
