Just saw that Bitcoin Depot is now requiring ID for every ATM transaction. Honestly didn't realize this wasn't already standard practice. Apparently they've been getting pressure from state attorneys general over scams targeting older people - there was even a lawsuit from Massachusetts. Makes sense though, considering the FBI reported like $333 million in crypto ATM fraud losses last year. The thing is, Bitcoin Depot operates something like 8,800 ATMs across North America, so this bitcoin atm news could actually be pretty significant for how people use these machines going forward. It's one of those moves that's probably necessary to clean things up, but I wonder if it'll make the whole bitcoin atm experience more of a hassle. Guess that's the tradeoff when you're trying to stop fraud and identity theft. Anyone here use Bitcoin ATMs regularly? Curious if this changes anything for you.

BTC4,28%
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