Bitcoin Depot is moving to require ID for all transactions as regulators have cracked down on crypto ATM operators over scams and money laundering concerns. The biggest Bitcoin ATM operator in the US ...
Bitcoin Depot, once the largest operator of crypto ATMs in North America, filed for bankruptcy on Monday, marking the latest major blow for a niche segment of the digital asset industry that has been ...
Bitcoin was supposed to cut out the middleman. Instead, it’s become a middleman’s dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...
Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in ...
Bitcoin, the digital currency and virtual payment system, has grown increasingly popular in recent years. The top cryptocurrency token holders have made billions of dollars off the digital asset.
State regulators have begun quietly implementing regulations to ban or overburden Bitcoin ATM operators. State regulators have been quietly banning Bitcoin ATMs. An entire subsection of the Bitcoin ...
Delaware and New Jersey have both advanced legislation to ban cryptocurrency ATMs in what is becoming a growing trend across ...