Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs successful a nationwide cognition involving 60 officers and raids connected 35 locations. BaFin reported that the machines facilitated amerciable transactions and posed wealth laundering risks. Under German law, trading currencies, including cryptocurrencies, without due authorization is illegal, with violators facing up to 5 […] German Authority Seizes 13 Unauthorized Crypto ATMs
10 months ago
Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs successful a nationwide cognition involving 60 officers and raids connected 35 locations. BaFin reported that the machines facilitated amerciable transactions and posed wealth laundering risks. Under German law, trading currencies, including cryptocurrencies, without due authorization is illegal, with violators facing up to 5 […] Related
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