The moment there is a source of cutting out the middle man in this case the banks, there is bound to be regulations from the governments since these two organizations are buddies.
In an interview with Law360, CipherTrace CTO John Jeffries predicted that BATMs will become “a greater point of regulatory focus,” emphasizing “the need for more uniform regulatory enforcement and compliance” concerning crypto ATMs moving forward.
I just don't buy it when Bitcoin is accused as a tool for money laundering, before Bitcoin money laundering existed and continues to exist. It won't be a surprise though, I actually think there will be more regulations going forward and as Bitcoin continues to grow towards adoption, regulations moves are to be expected.
I suppose our defense against the regulations is to further decentralize and keep developing the crypto / blockchain technilogy.
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