🚨 Crypto ATM Crackdown in Germany! 🚨
Germany's BaFin has seized 13 crypto ATMs from 35 locations, citing illegal installations and lack of registration under the Banking Act. The crackdown, in collaboration with the BKA and Bundesbank, aims to curb potential criminal activities due to lax KYC controls.
But wait, there's more! Despite a global dip in Bitcoin ATMs in July, the numbers are bouncing back with 266 new installations since August. 📈
What do you think about this crackdown? Share your thoughts below! 💬
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