Fuck the FCA, man
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There goes a truely KYC-free source of corn! 😭
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Here's the link to the source article from the archive.
*Bitcoin cashpoints forced to shut down after being declared illegal * https://www.telegraph.co.uk/business/2022/03/11/bitcoin-cashpoints-forced-shut-declared-illegal/
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Thanks changed the main link.
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The UK is driving out Bitcoin businesses for years now and will probably be amongst the first to come up with some orwellian CBDC. [Telegraph article link] Peer-to-peer transactions and rouge @theLightningATM-s FTW!
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Wondering if this affects Azteco's new "Pay in person" service in which they had launched recently. The Twitter link is no longer valid, and trying to use the site shows:
GBP sales paused. Please use an existing vendor.
Azteco [vouchers] now available at 28,000 locations across the UK through PayPoint | @Azteco_ #13190
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Makes me wonder too. I hope not. That was a great source of truly KYC corn!
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Contrary to what is being widely reported today, #Bitcoin ATMs in the U.K. are not illegal.
The current ATMs were operating illegally due to not having the necessary permissions to do so.
If and when these permissions are granted, companies can continue to operate the ATMs.
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