Better Call Saul? Albuquerque Bans Bitcoin ATMs

The city of Albuquerque, New Mexico, the setting of the hit TV show Breaking Bad and its spin-off Better Call Saul, has officially outlawed Bitcoin ATMs. This is part of a city-wide effort to combat fraud involving cryptocurrency. The city's new Virtual Currency Ordinance, which came into force on October 21, bans the use of cryptocurrency kiosks and any cryptocurrency transaction aided by a cashier from operating inside the city. The ordinance was passed 6-3 by the Albuquerque City Council on September 9, before Mayor Tim Keller signed it. All existing Bitcoin ATMs must immediately stop working under the new law. The operators will have 45 days from the ordinance's effective date to physically remove them.

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