All Bitcoin ATMs in UK to shut down as FCA deems them “illegal” (Cryptoslate)

Originally published at: https://www.channel-sea.cc/all-bitcoin-atms-in-uk-to-shut-down-as-fca-deems-them-illegal-cryptoslate/

Bitcoin ATMs first appeared in 2014 and their popularity increased greatly throughout 2020 and 2021. Their popularity attracted swindlers as well as the UK government’s negative attention. The UK hasn’t been particularly welcoming towards crypto or its ATMs. Even before crypto ATMs became popular, the UK released a notice in 2019 including ATMs under the…