Canada proposes a ban on Bitcoin ATMs - what does this actually mean? There is a lot of uncertainty still, and this is simply a proposal, with no new laws or regulations currently in place. It will likely be at least a year before any new regulations are in place. Currently, our Bitcoin ATM services remain operational and unaffected. In the event of a ban, I believe @bitcoinwell is uniquely insulated through our internal software and Cash Voucher functionality. Because we control this software, it is likely that we will be able to work within the new regulations (whenever they come, and however they look) However, I do not believe this is directly correlated to scams that can occur at Bitcoin ATMs (these are largely preventable, as we have proven with our software and processes since 2021), but this is rather a move towards forcing full KYC on all transactions, not just transactions over $1,000. Regardless, we know our financial privacy is eroding, this is not news. We know the regulators and governments are introducing stable coins and CBDCs which remove your financial privacy and rights. This is a step in that direction, and should not be surprising to anyone who has been paying attention. We have been anticipating and preparing for a day when the rules change, and throughout the last few years have built software and a moat of services to ensure Bitcoin Well will be able to adapt and continue to legally provide services that will preserve our customers financial rights and privacy - something I believe to be a God-given right. The mission to enable independence is intact 🚀