The Rundown. Authorities are highly skeptical of Bitcoin ATMs because of their money-laundering potential and usefulness in running unregistered exchanges. In case you used Coinbase to conduct any significant transactions amid , , or , then you should instantly review your financial records with an experienced tax attorney, who can,. All Rights Reserved. Crypto ATMs and kiosks have become an increasingly popular method of purchasing cryptocurrencies, as well as withdrawing funds among the United States-based crypto users. While some naysayers still consider the whole industry a tax