Albuquerque Bans Bitcoin ATMs, Giving Operators 45 Days to Remove Them

Albuquerque has banned Bitcoin ATMs and given operators 45 days to remove the machines, according to Decrypt. The measure targets crypto kiosks operating in the city amid concerns over their connection to fraud. A councilor said that 90% of crypto kiosk transactions in Albuquerque are tied to fraud and described the machines as a conduit for crime. The reported action directly affects Bitcoin ATM operators, while its broader significance for the Bitcoin market remains unclear. No details were provided on enforcement beyond the 45-day removal period or on whether other crypto assets and kiosk services are covered by the ban.