BaFin

German financial regulator takes action against first bitcoin atms

German Financial Watchdog Takes Action Against Company Allowing Buy/Sell Crypto at Bitcoin ATMs

The head of the financial regulatory department in Germany is stopping all the services & operations of a company named ‘KKT UG’ from Berlin that allows consumers to buy and sell cryptocurrencies at Bitcoin ATMs. Lack of Necessary Permissions Lead to this Stopping According to a statement released on 4th March, BaFin ordered Mr. Adam […]