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California Regulator Fines Bitcoin ATM Operator Coinhub $675,000

By: theblockbeats.news|2025/11/01 01:15:50

BlockBeats News, November 1st, California regulators fined Bitcoin ATM operator Coinhub $675,000 for violating digital asset regulations. The fine includes a $105,000 restitution payment to California consumers who were charged excessive fees while using the cryptocurrency ATMs.

Coinbase is planning to acquire stablecoin infrastructure BVNK for around $2 billion.

Web3 platform KapKap has completed a $10 million seed round, with Animoca Brands leading the investment.