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Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California

September 4, 2024
in Bitcoin
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Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California
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A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain licenses and comply with fee limits and new disclosures. California Court Upholds Bitcoin ATM Withdrawal Limit The California Department of Financial Protection and Innovation (DFPI) […]
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