US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines

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Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. Jeffries urged “the need for more uniform regulatory enforcement and compliance” as governments […]

The post US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines appeared first on Bitcoin News.

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