Crypto ATM market contracts as Arizona refunds highlight global regulatory crackdown

Arizona has managed to reimburse cash amounting to $171,332 to 35 victims of crypto ATM scams as per a refund law, enacted last September, which is part of a crackdown on cash-to-crypto conversions prevalent in the United States and elsewhere. The change is clear in the machines themselves. Data from Coin ATM Radar reveal that...