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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Coinbase CEO Brian Armstrong said there is no clash with the White House and that talks remain ongoing as the industry works on proposals tied to the CLARITY market-structure bill. The focus is on ways to support community banks' role in crypto.

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Published at 2026-01-18 00:15:08

Texas, New Hampshire Lead U.S. Race to Put Bitcoin on State Balance Sheets

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Published at 2026-01-17 15:45:05

California fines Nexo $500K over unlicensed loans, stalling US comeback

California regulators have fined crypto lender Nexo $500,000 for issuing thousands of loans without a required license, creating a setback for the firm's plans to resume U.S. operations.

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Published at 2026-01-17 13:00:08

Senators Push Back on Tim Scott’s Broad Crypto Bill

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Published at 2026-01-17 11:15:08

White House May Pull Support for Crypto Bill After Coinbase Rift

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