Bitcoin Depot has just come under pressure from state prosecutors, now they require ID verification for every transaction at their Bitcoin ATMs. It seems to be a response to a wave of scams targeting the elderly, especially in Massachusetts, which has already filed lawsuits first. It's crazy, the FBI mentioned that losses from crypto ATM fraud in the US last year alone reached $333 million. With 8,800 ATMs spread across North America, Bitcoin Depot is one of the major players in the Bitcoin ATM business. They say this move is to prevent account sharing, identity theft, and money laundering. Indeed, regulations are tightening in the Bitcoin ATM industry, but it also makes transactions safer, right? But yeah, there will definitely be some complaints about the process becoming more complicated. What do you think, is this the right move or does it just make people less willing to use ATMs?

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