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Bitcoin Depot Will Require ID for 'Every Transaction' at ATMs Amid Growing Pressure
Yahoo Finance· 2026-02-24 22:13
Bitcoin Depot will begin verifying customers’ identities each time they use its ATMs, voluntarily refining its compliance procedures amid mounting pressure from state prosecutors. The move marks a “significant advancement” in Bitcoin Depot’s efforts to prevent fraud and other illicit activity, the Atlanta-based firm said in a press release. The company began implementing the policy across a phased rollout earlier this month, it added. By making personal IDs mandatory for every transaction, the company is t ...