Germany's BaFin Seizes €25M in Nationwide Crackdown on Illegal Crypto ATMs

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Germany's BaFin Seizes €25M in Nationwide Crackdown on Illegal Crypto ATMsGermany's Federal Financial Supervisory Authority (BaFin) has ramped up its efforts to regulate the cryptocurrency market in the country by targeting illegal ATMs. BaFin seized approximately €25 million ($28M) in cash from unregistered crypto ATMs in a sweeping operation. According to a Reuters report, BaFin's crackdown was a well-coordinated effort involving raids on 35 locations […]

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