Bitcoin ATM Giant Hit With $300K Penalty

Bitcoin ATM Giant Hit With $300K Penalty Coinme, a bitcoin ATM operator, has been penalized by California regulators for breaking new digital asset kiosk laws, leading to a consent order that includes restitution, staged financial penalties, and strict compliance requirements. Following an investigation, the California Department of Financial Protection and Innovation (DFPI) determined that Coinme violated the Digital Financial Assets Law (DFAL) […]

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Bitcoin.com

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June 28, 2025

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Bitcoin ATM Giant Hit With $300K Penalty

Bitcoin ATM Giant Hit With $300K Penalty Coinme, a bitcoin ATM operator, has been penalized by California regulators for breaking new digital asset kiosk laws, leading to a consent order that includes restitution, staged financial penalties, and strict compliance requirements. Following an investigation, the California Department of Financial Protection and Innovation (DFPI) determined that Coinme violated the Digital Financial Assets Law (DFAL) […]

Bitcoin.com

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June 28, 2025

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