Europe’s crypto-ATM capital closes its last anonymity gap ahead of FATF review

Crypto Insight Summary: Spain, the country with the largest fleet of crypto ATMs in Europe, will now require identity checks for every crypto ATM transaction, ending an era in which people could use the machines anonymously ahead of an anti-money-laundering regime review by the Financial Action Task Force (FATF). Days before this new decree, on 29 September, Spain... Crypto Insight Analysis: Direction: Bearish crypto Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Increased regulation in Spain may deter some users and reduce liquidity in the short term.