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Bitcoin ATM Operator Bitcoin Depot Implements "Mandatory Identity Verification for Every Transaction" Policy

2026-02-24 13:20

Odaily News Nasdaq-listed Bitcoin ATM operator Bitcoin Depot announced the phased implementation of a new compliance policy, requiring users to provide identity verification information for every transaction conducted at its Bitcoin ATMs (BTMs). This initiative aims to further prevent crypto ATM scams and illegal activities. It is reported that this policy is an upgraded version of the previous "first transaction identity verification" rule and will be gradually rolled out across its nationwide terminal network starting February 2026. (Globenewswire)