The Spokane City Council in Washington State announced a ban on cryptocurrency ATMs on June 16. The first such ban in a Washington city, it would impact 50 crypto ATMs operating across grocery and retail stores in Spokane. The authorities have given a 60-day ultimatum to the operators of these machines to uninstall them, or it could potentially lead to the revocation of their business licenses. While these machines resemble cash ATMs, they don't dispense cryptocurrencies but allow users to buy them. While these machines resemble cash ATMs, they don't dispense cryptocurrencies but allow users to buy them. “This will ... (full story)