The once-novel idea of converting cash to Bitcoin and other digital assets at physical kiosks—popularly known as crypto ATMs—is facing a turning point in the United States. Once celebrated for bringing easy access to cryptocurrency, these machines now find themselves under intense regulatory and public scrutiny as scam losses skyrocket and lawmakers rush to act.

  • pedroapero@lemmy.ml
    link
    fedilink
    arrow-up
    2
    ·
    2 months ago

    Never thought social engineering (“crypto scams”) would be the reason triggering this ban!