Post Spain Crack Down, Focus On Bitcoin ATM Scam

Following the coordinated action of Spain & Europol authorities in recent past has again made regulators to look into crypto ATMs and its association with money laundering. The cyber crime unit of CCB said, “The ATM kiosk installed by Unocoin in Bengaluru’s Kempfort Mall has not taken any permission from the state government and is dealing in cryptocurrency outside the remit of the law.”

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