The Massachusetts Attorney General’s lawsuit is the latest in a series of state legal actions against one of the world’s ...
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Bitcoin Depot launches ID checks as crypto ATM scams hit $333.5M
Bitcoin Depot has launched a new rule requiring ID checks for all transactions across its U.S. cryptocurrency ATM kiosks.
Bitcoin Depot is rolling out a new requirement that users provide ID for every transaction across its network of kiosks in ...
Bitcoin Depot will begin verifying customers’ identities each time they use its ATMs, voluntarily refining its compliance procedures.
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FBI: Bitcoin ATM scams hit a record $333M
Bitcoin ATMs were supposed to make digital money as easy as grabbing cash from a corner machine. Instead, they have become one of the fastest growing tools for fraud, with the FBI now tying them to a ...
Bitcoin Depot operates the largest network of Bitcoin ATMs in the world, and it guards its territories zealously. Case in point: a new lawsuit filed against the city of St. Paul for banning all crypto ...
Minnesota cities are starting to regulate or outright ban the machines, which charge hefty and opaque fees, as fraudsters outfox new state protections. Last year, Mellissa McKie wired Isanti County ...
Several operators of cryptocurrency kiosks found in public places like convenience stores and shopping malls have been ordered by California regulators to pay hundreds of thousands in fines. On ...
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