Albuquerque City Council bans crypto ATMs citing use tied to crime

ALBUQUERQUE, N.M. (KRQE) – The Albuquerque City Council on Wednesday passed an ordinance banning Virtual Currency Automatic Teller Machines, also known as crypto ATMs, and cashier-facilitated virtual currency transactions within city limits. The ordinance was co-sponsored by District 1 Councilor Stephanie W. Telles and District 7 Councilor Tammy Fiebelkorn. Telles stated in a news release [...]