Albuquerque Passes Strict Ordinance Banning Local Crypto ATMs
On September 10, the city passed O-26-49, known as the “Virtual Currency Ordinance,” banning cryptocurrency ATMs and cashier-facilitated crypto transaction services within city limits. Councilor Stephanie W. Telles, a co-sponsor of the ordinance, stressed that 90% of these transactions in Albuquerque were tied to fraud. Albuquerque Imposes Blanket Ban on Crypto ATMs With Virtual Currency […]
Key Takeaways
- On September 10, the city passed O-26-49, known as the “Virtual Currency Ordinance,” banning cryptocurrency ATMs and cashier-facilitated crypto transaction services within city limits.
- Councilor Stephanie W.
- Telles, a co-sponsor of the ordinance, stressed that 90% of these transactions in Albuquerque were tied to fraud.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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