Burke to introduce laws against crypto ATMs

Burke to introduce laws against crypto ATMs

Crypto Legislation Must Address the Rampant Fraud at Crypto Kiosks

By: Patrick Woodall Sometime after the shutdown dust settles, the Senate is expected to consider legislation to give a congressional seal of approval to cryptocurrency despite the widespread fraud and risks to everyday people and the financial system. None of the bills discussed so far confront the huge fraud and money laundering threat posed by crypto kiosks — often called Bitcoin ATMs. These crypto kiosk operators make a killing through high f…