The world's largest bitcoin ATM operator has been temporarily barred from conducting business in Connecticut. Bitcoin Depot had its money transmission license suspended by the state's banking commissioner last week due to allegations that it had violated compliance requirements, overcharged customers and failed to refund fraud victims.
Bitcoin Depot's ATMs Face Compliance-Related Ban in Connecticut
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Connecticut suspends Bitcoin Depot's money transmission license amid compliance violations; restrictions imposed due to overcharging and failure to refund fraud victims.
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