U.S. Tightens Rules on Crypto ATMs Amidst Fraud Surge

The digital currency landscape is constantly evolving, presenting both opportunities and challenges. Recent regulatory actions in the U.S., prompted by a surge in crypto ATM fraud, highlight the need for increased oversight to protect consumers. Authorities are cracking down on these machines, targeting them as a tool for illicit activities, particularly scams targeting older adults who may be unfamiliar with cryptocurrency.