Kiosk Transaction Limits are predefined maximum amounts of cryptocurrency that can be bought or sold through a crypto ATM or kiosk within a specific timeframe. These limits are implemented for regulatory compliance, primarily to combat money laundering and terrorist financing. They also serve as a consumer protection measure, reducing the potential for large, impulsive transactions. Limits vary based on jurisdiction and verification levels.
Context
News reports frequently highlight changes in Kiosk Transaction Limits as regulators adjust their approach to digital asset oversight. These adjustments often impact the accessibility and utility of crypto kiosks for both retail and institutional users. Debates persist regarding the appropriate balance between preventing illicit activity and maintaining reasonable access to digital asset services.
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