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Coinme Fined $300K for Breaking California’s Crypto ATM Rules – What It Means for You
As a crypto analyst and digital ethics advocate, I’m diving into the fallout from Coinme’s $300,000 fine for violating California’s crypto ATM limits. This isn’t just about compliance—it’s a wake-up call about how decentralized tools can still be weaponized by bad actors. Here’s why transparency, user protection, and regulatory clarity matter more than ever in the Web3 era.
Research Hub
regulatory compliance
crypto atm
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1 month ago
Coinme Fined $300K for Breaking California’s Crypto ATM Rules – Here’s Why It Matters
As a blockchain analyst with seven years in the trenches, I’ve seen compliance lapses cost companies big. Coinme just paid $300K to California regulators after violating crypto ATM transaction limits and failing to disclose key info on receipts. This isn’t just about penalties—it’s a wake-up call for every crypto business operating at the edge of regulation. Let’s break down what went wrong and why it could affect your wallet.
Research Hub
crypto atm
california regulation
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1 month ago