Bitcoin ATM Operators Required License to Operate

US State of Nevada Financial Institutions Division has recently issued a statement concerning the need for the protection of the general interest in view of the increasing adoption of blockchain technology and cryptocurrencies. The regulator's statement implies that even Bitcoin ATM operators are required to get their licenses before they can legally operate. According to the NFID, "Any entity that facilitates the transmission of or holds fiat or digital currency by way of brick-and-mortar, kiosk, mobile, internet or any other means, should contact the NFID to request a licensure determination." https://i.redd.it/j8mwzyudwpj31.png submitted by /u/cryptobasescanner [link] [comments]

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