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๐ฅ๐จNorth Dakota Senate Enacts Stricter Regulations on Cryptocurrency ATMs๐จ๐จ On March 18, 2025, the North Dakota Senate overwhelmingly passed House Bill 1447, introducing comprehensive regulations for cryptocurrency ATMs, commonly known as crypto kiosks. The bill aims to enhance consumer protection and curb rising fraud associated with these machines. The Senate's approval was decisive, with a 45-to-1 vote. Daily Transaction Limits: Imposition of a $2,000 cap on daily withdrawals per user across all crypto ATM networks. Operator Licensing: Requirement for all crypto ATM and kiosk operators to obtain a money transmission license within North Dakota. Fraud Prevention Measures: Mandate for operators to display clear fraud warning notices and utilize blockchain analytics to monitor and report suspicious activities to authorities. Reporting Obligations: Obligation for operators to submit quarterly reports detailing kiosk locations, operational names, and transaction data. These measures respond to the increasing misuse of crypto ATMs for fraudulent schemes. In 2023, North Dakotans suffered losses nearing $6 million due to crypto-related scams, prompting urgent legislative action. The bill now returns to the House for concurrence on the Senate's amendments. Pending final approval, it will be sent to Governor Kelly Armstrong for signing into law. This legislative development positions North Dakota as a leader in regulating cryptocurrency transactions, aiming to protect consumers and ensure transparency within the digital currency landscape. #StrategySmallestBTC
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๐จ๐จ DON'T PANIC ๐จ๐๐
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#BinanceTradeSmarter ๐จ๐จ๐จ๐จ๐จ $7 Trillion US Debt is the reason Why Trump Wants Stocks market to Crash hard. Crash Stocks, Pump Bond market and Force Rate Cuts The US government has to refinance $7 trillion of debt in the next 6 months. There is no way TRUMP wants to refinance it at current 10-yr yields so this is why he wants stock market to crash pump the bond prices. As bond prices will go up, yields will come down and the US government will be able to refinance their debt at cheap rate. Not only that, lower bond yields will also push the fed to do rate cuts which is bullish for risk-on assets. ๐๏ธstay strong stay calm invest carefully.
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