🚨 **Breaking News: Germany Cracks Down on Unlicensed Crypto ATMs!** 🚨

In a bold move, German authorities have seized nearly €250,000 ($279,000) and 13 crypto ATMs in a nationwide crackdown! 🕵️‍♂️💼 The operation, led by BaFin, aims to tighten regulatory oversight in Germany's booming crypto sector.

On August 20, a sting operation targeted 35 locations with allegedly unlicensed crypto ATMs. BaFin stressed the risks of unlicensed machines, often linked to scams and money laundering. Operators face severe penalties, including up to five years in prison! 🚔⚖️

Germany's action is part of a global trend to regulate crypto markets and protect consumers. Stay tuned for more updates! 🌍💰 #Bitcoin #CryptoRegulation