Regulatory

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North America's largest Bitcoin ATM operator has filed for Chapter 11 bankruptcy protection in Texas. The company plans to wind down operations and sell assets amid ongoing regulatory challenges.

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The European Central Bank's Supervisory Board Chair has cautioned that some cryptocurrency companies might opt for EU nations with less stringent anti-money laundering rules. Claudia Buch emphasized the need for collaboration with the EU's new AML Authority to address these concerns.

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