Albuquerque Bitcoin, Crypto ATM Ban Takes Effect With $500 Daily Fines
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Albuquerque’s ban on Bitcoin and other cryptocurrency ATMs has taken effect, with operators facing fines of up to $500 per day for violations. The measure removes a local channel for converting cash into crypto and signals heightened regulatory scrutiny of crypto kiosks. Its direct effect on Bitcoin adoption is likely limited geographically, but it may encourage other cities to consider similar restrictions.
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