Odaily Planet Daily reports that due to pressure from prosecutors in multiple states, Bitcoin ATM operator Bitcoin Depot will require customers to present personal identification for verification each time they use its ATMs.
The company stated that this move aims to combat account sharing, identity theft, and account takeover activities, representing a significant step forward in preventing fraud and illegal activities. Earlier this month, the Massachusetts Attorney General filed a lawsuit against the company, accusing it of deliberately profiting from scams targeting the elderly. FBI data shows that in 2025, losses from cryptocurrency ATM fraud in the U.S. reached $333 million. Currently, Bitcoin Depot operates 8,800 ATMs across North America.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Analyst: The current market's significant deleveraging has reduced the likelihood of a sharp decline, but at the same time, it limits the potential for upward short squeezes.
Analysts point out that the funding rate for Bitcoin perpetual contracts has remained negative from February to March 2026, indicating a bearish market dominance. The open interest in futures contracts has significantly decreased, and deleveraging continues. Overall, although risks have decreased, the potential for forced liquidations remains limited.
GateNews4m ago
Bear Market Script: Which Scene Is Your "Faith" Going Through?
The article analyzes the four stages of a bear market and their characteristics. Stage ① is when faith still exists, and the USDT market cap increases; Stage ② is when faith collapses, and the USDT market cap decreases; Stage ③ is when faith consolidates, and the USDT market cap rebounds; Stage ④ is driven by panic caused by black swan events. The article recommends gradually accumulating positions during Stage ③ and explores potential future market trends and influencing factors.
PANews5m ago
Data: 66 BTC transferred from an anonymous address, routed through a relay, and then flowed into Cumberland DRW
ChainCatcher reports that, according to Arkham data, at 14:45, 66 BTC (worth approximately $4,778,500) was transferred from an anonymous address (starting with bc1q8q62j...) to Cumberland DRW. Subsequently, Cumberland DRW transferred 66.469 BTC to another anonymous address (starting with bc1qkgt0e...).
GateNews14m ago
Bitcoin ETF capital inflow reaches $155 million. Can BTC price continue its rebound to $80,000?
Bitcoin regains upward momentum after experiencing geopolitical fluctuations, with ETF inflows of approximately $155 million per day fueling the rebound. Currently trading at $72,500, it is challenging the resistance levels between $73,000 and $75,000. Institutional capital returning, improved market sentiment, and positive technical indicators support a short-term rebound for Bitcoin, but the stability of the $70,000 support level should be monitored.
GateNews28m ago
Bitwise donates $230,000 to support Bitcoin open-source developers, funded by BITB profits.
Digital asset investment firm Bitwise Asset Management announces a donation of $233,000 to support Bitcoin open-source developers. The funds come from profits of its spot Bitcoin exchange-traded fund and will be distributed to three non-profit organizations to promote Bitcoin project development.
GateNews33m ago
Bitcoin breaks through $72,000, driving the crypto market higher; Ethereum, Solana, and XRP all rise collectively.
The Middle East situation has eased, global risk asset sentiment has improved, and the cryptocurrency market has strengthened. Bitcoin broke through $72,000, reaching a new high for the period, and other mainstream digital assets also generally rose. Analysts believe that the rebound was driven by a return of market risk appetite and capital inflows.
GateNews36m ago
