[Albuquerque Passes Ordinance Banning Cryptocurrency ATMs and Over-the-Counter Trading Services] Odaily Planet Daily News – On September 10, the city of Albuquerque, New Mexico, passed Ordinance O-26-49, the 'Virtual Currency Ordinance,' prohibiting the operation, hosting, or facilitation of cryptocurrency ATMs and over-the-counter cryptocurrency trading services within the city limits. City Councilor Stephanie W. Telles stated that approximately 90% of such transactions locally are related to fraud. The ordinance requires affected operators to remove all impacted devices within 45 days of the effective date, with individuals and entities in violation facing cumulative fines. City Councilor Tammy Fiebelkorn noted that the ban aims to eliminate the physical infrastructure that enables fraudulent activities. The ban does not affect residents' ability to hold, own, mine, or transfer digital assets through other means. The number of cryptocurrency ATMs in the United States has already dropped from 38,708 to 27,945, following Bitcoin Depot's cessation of operations. (Bitcoin.com News)