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Crackdown Alert: German Officials Snatch $279K in Bitcoin ATM Sting
In recent developments, Germany has undertaken a significant operation against cryptocurrency ATMs operating outside the regulatory framework, seizing nearly €250,000 ($279,000) and shutting down 13 machines. This move by the German Federal Financial Supervisory Authority (BaFin), in collaboration with law enforcement and the German Bundesbank, underscores the ongoing challenges and tensions between the realm of…