Bitcoin ATMs Undermine EU Anti-Money Laundering Efforts, Says Spanish Police

Bitcoin ATM Machine

Spanish law enforcement says Bitcoin ATMs enable criminals to circumvent anti-money laundering (AML) regulations according to a report by Bloomberg. This statement comes following calls from officials in Canada for crypto cash machines to be banned over money-laundering concerns. Meanwhile, the number of crypto kiosks worldwide has crossed 5,000 and continues to increase. Bitcoin ATMs

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Source: BTC Manager