The German government is getting aggressive with illegal Bitcoin ATMs. They just confiscated 13 unlicensed ATMs, containing around Rp42 billion in cash!
They say these ATMs are suspected of being used to launder dirty money and other illegal activities. The problem is, they don't check customer identities like they should.
This isn't just in Germany, you know. In the United States, many Bitcoin ATMs have also been closed because they don't have permits. It seems like governments around the world are starting to get serious about regulating cryptocurrency.
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