Bitcoin ATM Installations Draw Warning from Russian Prosecutors

Prosecutors in the Russian state of Tatarstan have issued a warning to a local businessman about two bitcoin ATMs.

In a statement from Nov. 16, the Prosecutor’s Office of the Republic of Tatarstan referenced cryptocurrency kiosks that had been installed in two locations in Kazan, the capital city of Tatarstan.

The office’s investigation appears to have been sparked by local media reports. Although the connection isn’t clear at this time, a Nov. 3 article from Business Gazeta and a photo from state-owned media source TASS dated Nov. 5 both reference a recent installation in Kazan at a local grocery store…

Read Full: Bitcoin ATM Installations Draw Warning from Russian Prosecutors – CoinDesk