German Regulator Seizes 13 Crypto ATMs in Countrywide Raid Over Licensing Issues and Money Laundering Risks
By:Cointime
Germany's financial regulator, BaFin, has confiscated 13 crypto ATMs in a raid across 35 locations due to the operators not having the necessary licensing. The machines were found to pose a risk of money laundering. The action was taken with the support of the police and the Deutsche Bundesbank, resulting in the seizure of almost 250,000 euros in cash.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Ripple CEO: Bitcoin could reach $1 million by 2030
Cointime•2024/11/13 01:22
Trump hints at SEC chairmanship via 'recess appointment' to bypass Senate scrutiny
Cointime•2024/11/13 01:22
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$88,076.84
-0.89%
Ethereum
ETH
$3,270.13
-1.08%
Tether USDt
USDT
$1
+0.02%
Solana
SOL
$209.14
-4.69%
BNB
BNB
$619.93
-5.29%
Dogecoin
DOGE
$0.3876
+7.80%
XRP
XRP
$0.6930
+14.38%
USDC
USDC
$0.9999
+0.02%
Cardano
ADA
$0.5590
-5.02%
TRON
TRX
$0.1858
+10.88%
Bitget pre-market
Buy or sell coins before they are listed, including ZRC, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now