Techub News News, the Georgia Department of Banking and Finance has issued a cease and desist order to crypto ATM operator Crypto Dispensers. Regulatory documents indicate that Crypto Dispensers operated an online virtual currency trading platform in Georgia without holding a valid license and did not meet the relevant exemption conditions, allegedly violating Section 7-1-681 of the Georgia Code regarding money transmission businesses.
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Techub News News, the Georgia Department of Banking and Finance has issued a cease and desist order to crypto ATM operator Crypto Dispensers. Regulatory documents indicate that Crypto Dispensers operated an online virtual currency trading platform in Georgia without holding a valid license and did not meet the relevant exemption conditions, allegedly violating Section 7-1-681 of the Georgia Code regarding money transmission businesses.