Robocoin Stops Anonymous Bitcoin ATM Transactions

Standard / 11 November, 2014

Bitcoin ATM maker Robocoin has announced that all of its machine operators must now impose Know Your Customer (KYC) and Anti Money Laundering (AML) controls on their users in order to satisfy FinCEN compliance rules. Robocoin stated: ‘Under our lawyer’s advice we cannot process anonymous financial transactions’.


The post Robocoin Stops Anonymous Bitcoin ATM Transactions appeared first on The Bitcoin Channel.

from The Bitcoin Channel


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