🚨 Crypto ATM Crackdown in Germany! 🚨
- Germany's BaFin seizes 13 crypto ATMs from 35 locations for "illegal installation."
- The crackdown involved the Federal Criminal Police Office and Germany’s Bundesbank.
- BaFin claims the ATMs breached the Banking Act by not registering under Section 32.
- Concerns over KYC controls and potential criminal activity were cited.
- Despite global hiccups, crypto ATM installations are bouncing back with 266 new machines since August. 🌍
Stay tuned for more crypto shenanigans!