Arizona lawmakers introduce new bill to strictly regulate cryptocurrency ATM operations to combat fraud

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ODAILY
02-09
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Odaily Odaily reports that Representative David Marshall of Arizona has introduced House Bill 2387, proposing strict regulation of cryptocurrency ATM operations to protect residents from Bitcoin ATM fraud. Previously, the state had seen a series of such incidents, including a woman being defrauded of $17,000. The proposed bill will implement several protective measures, including: -Daily transaction limit of $1,000; -Mandatory state operator licensing; -Mandatory refund policy option. (crypto.news)

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