Bitcoin Depot Mandates ID Checks For All Crypto ATM Deals US Wide Now Set

From moneycheck.com

Bitcoin Depot now requires identity verification for every transaction at its crypto ATMs across the United States. The company said the policy began rolling out in February and will cover all kiosks nationwide. The decision comes as regulators increase oversight of crypto ATMs. Authorities have raised concerns about fraud and illegal transactions linked to cash-to-crypto services. Expanded Verification Across US Network Bitcoin Depot said the new rule extends verification beyond initial account registration. Customers must now complete identity checks for each transaction. The company operates thousands of kiosks in ... (full story)