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Nevada Abruptly Reverses Course on Crypto Kiosk Licenses

Nevada’s regulatory position with respect to cryptocurrency kiosks has changed. It now mandates a money transmission license from the state. So reports Coindesk.

The decision came “abruptly and without announcement,” said Annelise Strader, BitAML Senior Advisor. The kiosks will also require $5,000 surety bonds as insurance against business failure.

Read the full article from Coindesk.

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