Archer Aviation Readies Its Air Taxi Service in Los Angeles
News

Archer Aviation Readies Its Air Taxi Service in Los Angeles

When the Olympics take over Los Angeles in 2028, people will likely be looking for other ways to get around the City of Angels. One company working towards this goal is Archer Aviation, which received approval from the U.S. Federal Aviation Administration (FAA) to begin operating its air taxi service in Los Angeles airspace. Founded in 2018, San Jose, Calif.-based…

Continue Reading

German Authority Seizes 13 Unauthorized Crypto ATMs
News

German Authority Seizes 13 Unauthorized Crypto ATMs

Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions and posed money laundering risks. Under German law, trading currencies, including cryptocurrencies, without proper authorization is illegal, with violators facing up to five […] Source: https://news.bitcoin.com/german-authority-seizes-13-unauthorized-crypto-atms/