In the US, regulations for Bitcoin ATM operators are being tightened due to an increase in fraud and money laundering. According to Axios on June 24, 2025, several states have enacted strict laws limiting deposit amounts and enhancing oversight of cryptocurrency ATMs. This is a response to the use of such devices by fraudsters for extortion and illegal transactions.
Chris Ryan, the Chief Legal Officer of Bitcoin Depot, stated in a post on X on June 28, 2025, that US law enforcement is using excessive force by seizing cash from Bitcoin ATMs, which may violate legal boundaries. Regulators aim to minimize risks associated with the anonymity of cryptocurrencies that facilitate money laundering and funding of criminal activities.
New rules require operators to enhance customer identification and report suspicious transactions. This aligns with global efforts to combat illegal financial flows. However, the crypto community expresses concerns about potential restrictions on access to $BTC . Stay tuned for updates on #MiningUpdates .
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