Cryptocurrency was involved in several high-profile local money laundering cases in court over the last year. An independent group of experts advising the Government suggested the ban on CATMs, in line with the law in the United Kingdom.
Nicole McKee, Associate Justice Minister and Act MP, announced in July last year that the Government would instead take a “targeted and proportionate approach” by implementing restrictions such as maximum transaction thresholds.
Gaurang and Bhigisha Patel have owned the Five Star Food Market for 25 years and got a CoinFlip machine about two years ago after seeing an advertisement online.
They said it brings in about two customers a day and despite the Government’s concerns, Gaurang Patel said they…






