Robocoin Now Requires All ATM Operators to Collect Customer Information

By November 6, 2014Bitcoin Business

Robocoin has announced that it will now require all of its bitcoin ATM operators to collect customer information in an effort to comply with know-your-customer (KYC) regulations.

The Las Vegas-based company reported the decision was made under the direction of its legal team, which advised the startup that as a registered money services business (MSB) it could no longer process anonymous financial transactions.

In its full remarks, Robocoin asserted that while it had hoped to allow […]

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