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Crypto ATM Use by Seniors Raises Red Flags—AUSTRAC Tightens Rules


Australia’s financial intelligence agency, AUSTRAC, is tightening regulations on crypto ATMs due to concerns over scams and fraud. New restrictions include cash deposit and withdrawal limits as well as mandatory scam warnings. ATM Scammers Target Senior Citizens Australia’s financial intelligence...

Arizona governor kills two crypto bills, cracks down on Bitcoin ATMs


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, Hobbs rejected Senate Bill 1373, which sought to establish a Digital Assets...

Texas Congressman Wants Crypto ATMs in Federal Government Buildings


The 47-year-old lawmaker submitted his proposal to a government agency that manages a real estate portfolio of 8,397 federal properties. Federal Buildings Could Get Crypto ATMs Under New Proposal Congressman Lance Gooden who represents Texas’ 5th District in the U.S. House of Representatives...

Australia Cracks Down on Crypto ATMs, Citing Inadequate AML and CTF Measures


AUSTRAC, Australia’s financial services watchdog, has raised concerns that some crypto ATM providers may lack adequate anti-money laundering and counter-terrorism measures. Task Force Identifies Worrying Trends The Australian financial services industry watchdog, AUSTRAC, has claimed that some...

The Great Unplugging: Bitcoin ATMs Face Steepest Drop Since December 2024


Data from coinatmradar.com reveals a net decline of 971 bitcoin automated teller machines (ATMs) globally in March, punctuated by a fleeting resurgence of 188 installations in the month’s final week. 2025’s First Reduction: 971 Bitcoin ATMs Vanish The once-expansive proliferation of crypto ATMs...

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