Market

Bitcoin ATMs Experience All-Time High Scrutiny

Governments worldwide are increasing scrutiny on Bitcoin ATMs due to concerns over their use in illegal activities. While no full bans have been implemented, rising regulatory pressure suggests stricter measures may be coming.

Haider Jamal
March 19, 2025

Global Crackdown

New Zealand has called for action, linking Bitcoin ATMs to fraud, drug trafficking, and extortion. Australia is also cracking down on these machines, indicating a broader regulatory push.

Source: Mayor Ted Kozlowski

In the United Kingdom, a London court sentenced a man to four years for operating unregistered Bitcoin ATMs, while Scottish authorities have warned of scams.

Licensing Requirements

In the U.S., Nebraska has introduced a bill with transaction limits and licensing requirements for Bitcoin ATMs. Governor Jim Pillen emphasized the need for security to prevent criminal exploitation.

While no country has fully banned Bitcoin ATMs, growing regulations suggest their role in the crypto landscape may change if linked to further financial crimes.

Join Our FREE Newsletter

Subscribe to stay informed and receive latest updates on the latest happenings in the crypto world!

By submitting this form, you are consenting to receive marketing emails from: Crypto Weekly, 36 Blue Jays Way, Toronto, ON, M5V 3T3, http://cryptoweekly.co. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.