I would pay close attention to the MSB regulations. When I looked into it the need to be a money transmitter was a deal breaker. I'm not sure about your state, but in some places it is ridiculously expensive. Basically it is set up to keep small players out of the market.

You will also have to keep immaculate records of who bought what at what time. Knowing the identity of your customers (KYC) and proving you have anti-money laundering (AML) systems in place is likely going to be how you spend your time.

But hey, somebody is going to do it. And if I had an ATM near me, I would use it.

Cheers and best of luck!


Wow, nice work bro!