German regulator seizes 17 of Germany's 67 Bitcoin ATMs citing no banking or trading license

posted about 2 months ago
Germany’s financial regulator BaFin is seizing Bitcoin ATMs run by “Shitcoins Club” months after ordering its Polish operator to cease trading crypto in the country for allegedly operating without banking or proprietary trading licenses.

Shitcoins Club owns around 17 of the 67 operational Bitcoin ATMs in Germany.
Tags: bitcoin, news