Global Feed Post Login
Replying to Avatar Kendy

“Bitcoin ATM providers in the US must comply with both federal and state regulations. On the federal level, the Bank Secrecy Act (BSA) requires financial institutions to assist US government agencies in detecting and preventing money laundering”

-from Bing

It’s been nearly 10 yrs since I’ve said anything to him so I’m not gonna ask. Illinois and possibly Fed regulations likely require him to use KYC

Avatar
2140btc 2y ago

But they advertise the opposite. Frustrating.

Reply to this note

Please Login to reply.

Discussion

Avatar
Kendy 2y ago

What specific advertising are you referring to?

Avatar
2140btc 2y ago

Below $900 you have to scan state issued ID.

Thread collapsed
Thread collapsed