The UK’s FCA orders unregistered Bitcoin ATMs to shutdown
The UK’s financial regulator, the Financial Conduct Authority (FCA), has published a statement that requires all non-registered Bitcoin ATMs to be immediately closed down. The United Kingdom government has issued a severe “shut down or face further action” order to operators of Bitcoin ATMs, explaining their intentions to contact these companies to confirm the notification, […]
Bitcoin ATMs in Singapore shut down
In compliance with the guidelines laid down by Singapore’s Monetary Authority on crypto adverts, Bitcoin ATMs in the state have stopped working and Bitcoin ATM operators are following the rules to the latter. According to Bloomberg, bitcoin ATM operators in Singapore were compelled to shut down their operations on Tuesday to comply with new restrictions […]