Canada Considers Banning Crypto Atms As Fraud Cases Rise

(MENAFN- Investor Brand Network) Canada, home to the world's first Bitcoin ATM, is now considering removing the machines altogether. The first of these devices debuted in April 2013 inside a small café in Vancouver, offering a simple way for people to exchange cash for Bitcoin without needing a bank account or financial intermediary. Over time, that concept spread quickly.

Entities like Cantor Equity Partners Inc. (NASDAQ: CEP) are likely to monitor this new development in Canada that could have global ramifications if other jurisdictions follow Canada's lead and enact...

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