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Nevada Regulators Say Bitcoin ATMs Will Need License to Operate

Published 08/30/2019, 05:31 AM
Updated 08/30/2019, 06:01 AM
© Reuters.  Nevada Regulators Say Bitcoin ATMs Will Need License to Operate
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Bitcoin (BTC) and cryptocurrency ATMs need a licensing scheme, authorities in the state of Nevada have officially announced.

In a statement first reported on by local news media outlet Nevada Current on Aug. 28, the state’s finance regulator, the Financial Institutions Division of the Department of Business and Industry (NFID), said ATM operators must conform to existing rules.

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