#CryptoScamSurge
The United States is implementing new strict laws that set a maximum limit on deposits and tighten oversight on cryptocurrency ATMs, in an effort to cut off a preferred tool for fraudsters and extortionists.
Why this matters: Kiosks are the easiest way for ordinary people to convert cash into cryptocurrencies, and their use by fraudsters has increased over the past few years, especially with scams targeting seniors in America.
