#CryptoScamSurge
The United States is implementing new strict laws that impose a cap on deposits and tighten supervision of 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 scammers has increased over the past few years, especially with scams targeting the elderly.