Regulation· ★★· bearish·

Bitcoin ATM operator to shut down in Oregon under settlement

  • —Bitcoin ATM operator is exiting Oregon under a settlement
  • —Shutdown is part of an agreement with local authorities
  • —Financial terms and conditions were not disclosed
Why it matters: Adds to growing US pressure on crypto ATM operators and sets a precedent for other states weighing similar action.
Source: Google News (crypto query)