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Delaware and New Jersey Move Forward with Legislation to Fully Ban Cryptocurrency ATMs

Source: cointelegraph.com Event types: Regulation/Compliance
According to Cointelegraph, Delaware and New Jersey have advanced legislation to impose a comprehensive ban on cryptocurrency ATMs. Specifically, Delaware’s House Economic Development Committee has approved House Bill 441, which prohibits the ownership, installation, or operation of cryptocurrency ATMs and mandates the removal of such devices within 90 days after the bill takes effect; violations carry a maximum fine of $10,000.

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