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Spokane, Washington Bans Bitcoin ATMs Due to Surge in Cryptocurrency Scams

Summary: According to Decrypt, the city council of Spokane, Washington in the United States unanimously passed a bill to ban all cryptocurrency ATMs in the city, making it the first city in the state to implement such a ban. Over 50 existing machines must be removed within 60 days, with violators facing civil penalties. Councilman Paul ...

According to Decrypt, the city council of Spokane, Washington in the United States unanimously passed a bill to ban all cryptocurrency ATMs in the city, making it the first city in the state to implement such a ban. Over 50 existing machines must be removed within 60 days, with violators facing civil penalties. Councilman Paul Dillon stated that the ban aims to protect residents from being exploited by cryptocurrency ATM scams.

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Link: Spokane, Washington Bans Bitcoin ATMs Due to Surge in Cryptocurrency Scams   [Copy]
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