Governments in New Zealand, Australia, and Nebraska are actively pursuing stricter regulations for Bitcoin ATMs due to concerns about their misuse in unlawful activities.
Concerns regarding fraud, drug trafficking, and money laundering are driving these regulatory actions. New Zealand police have specifically noted Bitcoin ATMs being linked to various crimes.
The ongoing scrutiny over Bitcoin ATMs could lead to a wider crackdown that might harm their public image and usability in the global market.
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