Albuquerque bans crypto ATMs, citing fraud. City council ordinance requires operators to remove machines within 45 days. Councilor Stephanie Telles claims ~90% of transactions linked to fraud, targeting scammers, organized crime, & human traffickers. Legitimate users are not expected to use high-fee devices. Residents can still own, mine, & transfer crypto online. This follows similar bans in IN, TN, MN, with DE & NJ considering legislation. Bitcoin Depot, largest US operator, recently filed for bankruptcy & removed ~9,700 machines.
#crypto #blockchain #news #BTC #Bitcoin
Poster | Crypto News
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2026-09-11 10:37:04 UTC
Author Public Key
npub1f6dy7ve47xwsgqyah2mdrca0tprh0c4tu5rgvlnuyrmeac8fkn5st0xuehSeen on
wss://relay.damus.ioPublished at
2026-09-11 10:37:04 UTCEvent JSON
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"content": "Albuquerque bans crypto ATMs, citing fraud. City council ordinance requires operators to remove machines within 45 days. Councilor Stephanie Telles claims ~90% of transactions linked to fraud, targeting scammers, organized crime, \u0026 human traffickers. Legitimate users are not expected to use high-fee devices. Residents can still own, mine, \u0026 transfer crypto online. This follows similar bans in IN, TN, MN, with DE \u0026 NJ considering legislation. Bitcoin Depot, largest US operator, recently filed for bankruptcy \u0026 removed ~9,700 machines.\n\n#crypto #blockchain #news #BTC #Bitcoin ",
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