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CoinGape 2023-10-23 17:41:26

California Targets Crypto ATM Scams With New $1,000 Daily Withdrawal Rule

According to a recent report, California legislators are pushing a bill to tighten regulations around cryptocurrency ATMs. The new proposal imposes a $1,000 daily withdrawal limit and restricts transaction fees. These changes, set for implementation on January 1, 2024, aim to protect consumers by addressing exorbitant fee markups and high withdrawal caps currently prevalent in The post California Targets Crypto ATM Scams With New $1,000 Daily Withdrawal Rule appeared first on CoinGape .

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