Georgia Orders Shutdown of Unlicensed Crypto ATMs

Published at 2026-01-17 21:45:06

Georgia regulators have ordered Virtual Assets LLC to shut down its crypto ATM operations after the company failed to demonstrate authorized money transmission status. The enforcement, announced on Jan. 17, 2026, takes effect immediately and targets machines operating without required licensure and oversight. The move underscores growing state-level scrutiny of crypto cash-out points and signals that operators must secure clear money-transmitter credentials to stay open. Customers who used affected ATMs should check for official notices about refunds or account holds; operators and investors should expect potential fines and further regulatory review as authorities prioritize consumer protection and anti-money-laundering compliance.

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Russian authorities are considering legalizing payments with fiat‑pegged stablecoins while moving to prohibit traditional cryptocurrencies for payment use. Stablecoin transactions could be governed by a dedicated legal framework to follow broader crypto legislation.

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Published at 2026-03-04 11:01:08

Binance Seeks Five More APAC Licenses in Major Asia Push

Binance plans to secure five additional operational licenses across the Asia-Pacific by the end of 2026, intensifying its regional expansion and regulatory engagement. The move follows the exchange's broader strategy to normalize local operations and grow product access.

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Published at 2026-03-04 08:00:10

Trump Urges Banks to Back GENIUS Act, Calls Weakening 'Unacceptable'

Donald Trump urged banking groups on March 3 to “strike a favorable deal” with the crypto industry and warned any effort to weaken the GENIUS Act is “unacceptable.” His intervention raises political pressure as lawmakers negotiate the stalled bill.

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Published at 2026-03-04 01:30:55

SoFiUSD Comes to Mastercard Network for Stablecoin Settlements

SoFi and Mastercard will support settlement in SoFiUSD across Mastercard’s global payments network, marking a move to integrate regulated U.S. dollar stablecoins into mainstream card infrastructure. The integration aims to speed settlement and expand on‑ramp/off‑ramp options for merchants and payment providers.

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Published at 2026-03-03 18:15:27

FATF: Stablecoins Now Main Vehicle for Sanctions Evasion and Money Laundering

FATF warns stablecoins now account for the majority of illicit crypto activity, with peer-to-peer transfers enabling sanctions evasion and money laundering. The report signals a need for stronger AML controls and closer scrutiny of off-ramps and decentralized rails.