INSUBCONTINENT EXCLUSIVE:
A town in Michigan that has no crypto ATMs has passed an ordinance that puts multiple restrictions on the kiosks and their operators with
the aim of protecting residents from scams.The city council of Grosse Pointe Farms, a small town just outside of Detroit, Michigan, passed
the ordinance at a meeting on Tuesday after a discussion on regulating crypto ATMs was prompted by a report of a local resident being
scammed at a crypto ATM in the nearby town of St
was passed unanimously, with council members noting that this makes Grosse Pointe Farms likely the first municipality in Michigan to
Coinme pays $300K fine for violating California crypto ATM lawsThe rules also impose transaction limits for new users within the first two
representative from Chicago-based digital currency firm and ATM operator Coinflip, also attended the meeting to share a personal story of
preventing an elderly woman from being scammed.He said that the firm has looked into limits and holding periods on the first transactions to
