Svmuu News U.S. Bitcoin ATM operator Bitcoin Depot is facing dual pressures from regulation and performance. The Connecticut Banking Commissioner, through the Consumer Credit Division, has issued a temporary "Cease and Desist Order," suspending its local money transmission license. Regulatory documents indicate that the company is alleged to have violated the Money Transmission Act, including failing to maintain minimum net worth requirements, charging excessive fees, and not providing full refunds to scam victims. Concurrently, Bitcoin Depot has lowered its revenue forecast for 2026 in its latest financial report. The company expects its core business revenue to decline by 30% to 40% year-on-year in 2026, citing ongoing changes in the regulatory environment and rising compliance costs potentially suppressing transaction volume. (Cointelegraph)