Quote from: DaveF on August 10, 2025, 11:26:41 AM

Quote from: Darker45 on August 10, 2025, 01:42:24 AM

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Is this idea plausible? Or will the authorities shut all these locations down because of doing something other than what they're registered for? I don't know how strict other countries are, but I think this works where I am.

Don't know where you are but it would not work in the US or Canada or the EU.

Once the value of the transactions passes a certain value you have to report it even if you are not directly involved in it. More or less once you take the cash you are responsible for where it goes.

This has been through the courts all over the world various times. Always comes out the same, once the cash is in your custody it's on you to follow proper reporting.
-Dave

First and foremost, before anyone can install bitcoin ATM, usually, they need permit from their government or the local authority. Hence, I don't think they can operate without the interruptions from their government. Unless, they will operate in the black market. But for them to operate freely, they would need government permit to operate. In short, would be a challenge to set-up a non-custodial btc ATM if you want to operate it legally. Unless, the government has no say so with crypto market and that I believe is hard to find such list of countries. Of course, the government would want some share for every generating business that has been put up.