Albuquerque bans all Bitcoin ATMs to tackle crypto fraud

The city of Albuquerque, New Mexico, known as the backdrop for the television series Breaking Bad and Better Call Saul, has enacted a strict prohibition on Bitcoin ATMs in a move aimed at curbing cryptocurrency-related scams. The new Virtual Currency Ordinance, which became law on October 21, blocks the operation of all cryptocurrency kiosks within Albuquerque. It further bans any kind of cryptocurrency transaction conducted with assistance from a cashier at businesses in the city. Albuquerque’s City Council passed the ordinance with a 6-3 vote in early September.