This is working for now, but it doesn't seem like it will for much longer. Apparently, by the end of the year, this type of trading should be a thing of the past. It's not just about crypto ATMs, there are even physical crypto exchanges where such transactions can be made.
No, this is not correct. The rules for businesses are not relevant, because already most of these transactions are done OTC and then will continue to be done this way. ATMs have been too limited for a long time.
~snip~I have different information, because all EU member states should comply with all AML regulations - because it is not very logical that in one country you cannot do anything without KYC, and in another you can easily sell/buy 1000 EUR of cryptocurrency per transaction. This has clearly caught the eye of some institutions who want to put an end to it. It remains to be seen whether all EU member states will obey orders from Brussels, or whether they will continue as before.