Seven crypto ATMs seized, two arrested in London for money laundering and operating illegal exchange. UK FCA and police lead operation, no legal crypto ATMs in UK. Proposed US legislation aims to prevent crypto scams, protect consumers from fraud and hidden fees. FBI report shows victims lost $247 million to crypto ATM scams in 2023. US home to 78.4% of world’s Bitcoin ATMs, new bill aims to enforce limits and offer refunds to scam victims.

Read more at Cointelegraph: UK Seizes Crypto ATMs As Global Scrutiny Grows Over Unregulated Kiosks