Albuquerque's Crypto ATM Ban Officially Takes Effect, Violators Face $500 Daily Fines
2026/10/23 20:00:04
Bollcoin, October 23 — According to Bitcoin.com News, under the newly effective "Virtual Currency Ordinance" in Albuquerque, New Mexico, businesses operating or hosting cryptocurrency ATMs in the city must immediately cease operating the relevant devices. The announcement explicitly states that December 5 is the deadline for physical removal of the equipment, giving operators 45 days to remove the kiosks. Violations may face fines of $500 per day and revocation of business licenses. Residents may still legally hold, mine and privately transfer cryptocurrency.