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Is it legal to install ATMs for the purchase of cryptocurrencies?

This may contribute to money laundering or other financial fraud.

It depends on which country you want to install ATMs. In the US, a lot of Bitcoin ATMs and they all work legally. You can run into problems in China or Russia

In the USA, it is not possible to install ATMs in all states.

I think that in any country problems may arise if the entrepreneur does not receive a license for currency exchange.

However, in the United States most of all Bitcoin ATMs. A very large number of Americans invest in Bitcoin and believe in cryptocurrency

Therefore, the installation of EXBEGA ATMs can give a huge profit even with minimal exchange fees.

Sports betting is very popular in the USA

Sports betting is a profitable business all over the world.

Casinos have always been a profitable business. Cryptocurrency exchange is a popular and profitable business for the last 3 years.