According to statements by the Spanish law enforcement, Bitcoin ATMs are largely overlooked in the European Union’s anti-money laundering laws, simply because they’re recorded evidence about criminals transferring as much as $10 million using Bitcoin ATMs out of the country within 2019 alone. According to the statement, the funds transferred were acquired through drug trafficking between member states. According to a Bloomberg report, the authorities allege that several individuals have employed the services of local exchanges in order to purchase and install the hardware in their office and make daily payments under the maximum transferable amount which requires an ID
