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Council Approves Cryptocurrency ATM Ordinance
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Council Approves Cryptocurrency ATM Ordinance
By Adam Swift The city council approved an ordinance that bans cryptocurrency ATMs in public spaces at its meeting on Monday night. Councilor-at-Large Marc Silvestri introduced the ordinance, which was crafted alongside Claire Inzerillo of the city solicitor’s office. The ordinance will go into effect in 60 days, and calls for fines of up to $300 per day for storeowners or other retailers who violate the ordinance. “I am proposing a straightforw…
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