A city in Michigan, which does not contain encrypted ATMs, conducted a decree that puts multiple restrictions on stalls and its operators with the aim of protecting the population from tricks.
Gross Point Phenym, a small town outside Detroit, Michigan, has passed through decree At a meeting on Tuesday after a discussion When organizing encrypted ATMs, a report was defended on a local population who was deceived by the ATMs in the nearby town of Saint Claire.
In April, the Michigan Prosecutor, Dana Nessel, issued warnings at the state level. I mentioned On the ATM fraud to encrypt in the city.
The rules give a “little assistance” to residents
“The fraudsters tell people to go and put money in these machines, which is a very transparent situation,” Lev Wood member said at the meeting. “What we want to do with our decree tonight is to enhance transparency and provide a little help to our residents.”
Unanimously issued, as the members of the Council indicated that this makes Grosse Pointe the first municipality in Michigan to organize encrypted ATMs.
Decree to reduce transactions
Medina’s lawyer Bill Burgis has set four main lists for any encrypted ATMs in the future.
Crafts must be recorded at the Public Safety Department, and operators must obtain a business license. There should also be mandatory warnings and written warnings to protect the consumer about the risk of fraud and irreversible transactions.
Related to: Coinme pays a fine of $ 300,000 to violate the Crypto ATM laws in California
The rules also impose the limits of transactions for new users during the first two weeks. A daily $ 1,000 daily transaction ceiling set a total of $ 5,000 during this period, which is removed after 14 days.
“The idea is that someone at that stage will be more familiar with the use of the device,” said Burgis.
Coinflip recur Lip shares experiences
Carson Gat, a representative of the digital currency company based in Chicago, Coinflip, attended the meeting to share a personal story to prevent Elderly From deception.
He said that the company has searched within the limits and periods of the first transactions to reduce the first time that a new customer uses the device, “because this is the place where most of these cases see.”
Coinflip has worked in Michigan state since 2019 and officially granted a license to send money in April.
Arizonaand NebraskaCalifornia, Washington All countries have taken the ATM coding this year.
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