RATE Group | Russian Police Seize 22 Cryptocurrency ATMs in 9 Cities
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Russian Police Seize 22 Cryptocurrency ATMs in 9 Cities

Russian Police Seize 22 Cryptocurrency ATMs in 9 Cities

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Russian Police Seize 22 Cryptocurrency ATMs in 9 Cities

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Law enforcement officials in Russia have seized 22 BATMs installed at stores and restaurants in 9 different cities. The confiscation has been carried out on orders from the Prosecutor’s Office and the Central Bank, local media reported. The operation of crypto teller machines in the country is currently unregulated.  

Also read: Kiev’s Bessarabsky Market Accepts Cryptocurrencies for Groceries

Law Enforcement Confiscate BATMs in Russia

Russian Police Seize 22 Cryptocurrency ATMs in 9 CitiesPolice officers have confiscated at least 22 automated teller machines selling cryptocurrency in shopping malls, stores and restaurants in nine Russian cities. All of the seized terminals are operated by Bbfpro which maintains a network of bitcoin ATMs across the vast country, RBC reported quoting lawyer…

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