PANews June 18 news, according to Decrypt, the Spokane City Council in Washington State voted unanimously to pass a bill that prohibits the operation of all Crypto Assets ATMs in the city, becoming the first city in the state to implement such a ban. More than 50 existing devices must be removed within 60 days, and violators will face civil penalties. City Council member Paul Dillon stated that the ban aims to protect residents from fraud using Crypto Assets ATMs.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Spokane, Washington, USA, bans Bitcoin ATMs due to a surge in Crypto Assets fraud.
PANews June 18 news, according to Decrypt, the Spokane City Council in Washington State voted unanimously to pass a bill that prohibits the operation of all Crypto Assets ATMs in the city, becoming the first city in the state to implement such a ban. More than 50 existing devices must be removed within 60 days, and violators will face civil penalties. City Council member Paul Dillon stated that the ban aims to protect residents from fraud using Crypto Assets ATMs.