That's true! That's insanely low as a monthly limit. But thank GOD that EU at least has access to the crypto ATMs. In India, people get arrested for installing crypto ATMs. An Indian exchange Unocoin owner got arrested for the same reason.


If you are buying cryptos from a legally registered exchange or ATM, you are expected to pass KYC and comply with the norms of AML framework. Unless the ATM is run by a gangster from his own safehouse, you can't remain anonymous if you use crypto ATMs. Anonymous crypto ATMs look good in imagination but not in reality! What EU is trying to do is similar to slow poisoning the entire game! But the situation should recover in 2019 as more countries will open up their doors to cryptocurrencies.