Cryptocurrency Q&A
Do Bitcoin ATMs require KYC?
Do Bitcoin ATMs require KYC?
JejuJoyfulHeartSoulMate
Sat Nov 30 2024
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6 answers
1561
I'm wondering if Bitcoin ATMs have any Know Your Customer requirements. Are these machines regulated to ask for identification or personal details before allowing transactions?
6 answers
GeishaCharm
Mon Dec 02 2024
These machines, if licensed, must adhere to Know Your Customer (KYC) regulations.
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HallyuHeroLegendaryStar
Mon Dec 02 2024
KYC regulations ensure that Bitcoin ATMs verify the identity of their customers.
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Alessandra
Mon Dec 02 2024
In addition to KYC, Anti-Money Laundering (AML) regulations also apply to Bitcoin ATMs.
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NebulaNavigator
Mon Dec 02 2024
AML regulations aim to prevent the use of Bitcoin ATMs for illegal activities.
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HallyuHero
Mon Dec 02 2024
Bitcoin ATMs in the United States have specific requirements regarding customer identification.
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