San Diego may become first in California to regulate crypto ATM scams
- —Victims, mostly elderly, are persuaded to send money via crypto ATMs
- —San Diego could become the first California city with such measures
- —The initiative targets a new type of financial fraud
Why it matters: Tightening rules for crypto ATMs could reduce scam losses and set an example for other US cities.
Source: Bing News (crypto query)
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