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UK Bitcoin cashpoints forced to shut down after being declared illegalarchive.ph/thCCL
42 sats \ 8 comments \ @JustSomePleb 11 Mar 2022 bitcoin
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32 sats \ 0 replies \ @Zk2u 11 Mar 2022 freebie
Fuck the FCA, man
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10 sats \ 0 replies \ @JustSomePleb OP 11 Mar 2022
There goes a truely KYC-free source of corn! 😭
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1 sat \ 5 replies \ @cryptocoin 11 Mar 2022
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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10 sats \ 0 replies \ @JustSomePleb OP 11 Mar 2022
Thanks changed the main link.
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1 sat \ 3 replies \ @cryptocoin 11 Mar 2022
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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1 sat \ 2 replies \ @cryptocoin 11 Mar 2022
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 The Twitter link is no longer valid, and trying to use the site shows: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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10 sats \ 0 replies \ @JustSomePleb OP 11 Mar 2022
Makes me wonder too. I hope not. That was a great source of truly KYC corn!
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2 sats \ 0 replies \ @cryptocoin 11 Mar 2022
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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