Bitcoin Depot (NASDAQ: BTM) has launched a phased rollout of a new compliance policy requiring customers to provide identification for every transaction at its US self-service kiosks. This goes beyond the initial registration verification. CEO Scott Buchanan stated that this transaction-by-transaction identity verification can detect suspicious activity in real time, thereby enhancing fraud prevention and customer protection. The company operates over 9,000 self-service kiosks worldwide and believes that as the digital asset market matures, this measure will set a new standard for industry security.
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Bitcoin Depot (NASDAQ: BTM) has launched a phased rollout of a new compliance policy requiring customers to provide identification for every transaction at its US self-service kiosks. This goes beyond the initial registration verification. CEO Scott Buchanan stated that this transaction-by-transaction identity verification can detect suspicious activity in real time, thereby enhancing fraud prevention and customer protection. The company operates over 9,000 self-service kiosks worldwide and believes that as the digital asset market matures, this measure will set a new standard for industry security.