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The Great “ATM Crackdown” & Bitcoin Depot Bankruptcy:

hedgeco

1 month ago

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(HedgeCo.Net) The bankruptcy of Bitcoin Depot marks one of the clearest signs yet that the crypto industry’s physical cash-to-Bitcoin infrastructure is entering a new and far more hostile regulatory era.

For years, Bitcoin ATMs were marketed as a convenient bridge between the cash economy and the digital-asset economy. They appeared in gas stations, convenience stores, smoke shops, grocery stores and neighborhood retail locations, giving consumers a simple way to convert physical dollars into...

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