Regulation· ★★★· bearish·

Michigan weighs bitcoin ATM ban as scam victims lose millions

  • —Scam victims in Michigan lost millions of dollars via bitcoin ATMs
  • —Backers of the ban cite rising crypto ATM fraud
  • —Similar restrictions have been debated in other US states
Why it matters: Tighter rules on crypto ATMs could curb cash-based bitcoin access in the US.
Source: Google News (crypto query)