Others have questioned why many bitcoin ATMs would be located in lower-income neighborhoods and some higher-crime areas. In Michigan, for example, a money transmission license is not required to operate bitcoin ATMs if the financial transaction doesn’t involve a third party. Advocates say Bitcoin ATMs fill void in areas underserved by banks; others see them as tools for money-laundering. Bitcoin ATMs in Detroit party stores, gas stations Advocates say Bitcoin ATMs fill void in areas underserved by banks; others see them as tools for money-laundering Check out this story on detroitnews. Ciccolo noted that the software that comes with the ATMs enables operators to obtain customer information, including a scan of the customer driver’s license.