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California county to regulate Bitcoin ATMs backed by state laws
7.8.2024
Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency
Bitcoin ATM Scams on the Rise: North Carolina AG Issues Warning and Tips to Stay Safe
14.7.2024
North Carolina Attorney General Josh Stein has issued a warning about bitcoin ATM scams, following numerous complaints. The alert outlines tips to avoid such scams, emphasizing caution with unsolicited requests for cryptocurrency payments, online relationships turning financial, verifying...
Bitcoin ATM network shrinks by 334 machines in 40 days
5.7.2024
Global Bitcoin ATM network shrinks by 334 machines in under 40 days, with the US and Europe seeing the most significant reductions
Number of crypto ATMs installed nears its all-time record
30.6.2024
The net 2,564 cryptocurrency ATMs installed so far in 2024 is on track to outpace the net 2,861 machines that were unplugged in 2023
Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally
30.6.2024
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end...
Cop intercepts $40,000 Bitcoin ATM scam by Chase Bank impersonator
20.6.2024
The officer intervened during the Bitcoin ATM deposit, preventing the victim from depositing more funds to the machine
Global Bitcoin ATM Numbers Fall, Ending 10-Month Growth Streak
21.5.2024
For the first time since July 2023, the number of active Bitcoin ATMs worldwide has decreased following US ATM shutdowns.
The post Global Bitcoin ATM Numbers Fall, Ending 10-Month Growth Streak appeared first on Cryptonews
US shutdowns lead to global decline in Bitcoin ATMs
21.5.2024
Countries worldwide contributed heavily to the month-on-month increase in Bitcoin ATMs throughout 2024, collectively coming close to reclaiming the 38,000 mark
Australia Now Has Over 1,000 Bitcoin ATMs: Report
24.4.2024
Based on information released on April 24, 2024 by Coin ATM Radar, Australia joined the US and Canada as countries with more than 1,000 operational crypto-fiat ATMs, marking an important achievement as the third-largest host of Bitcoin ATMs.
The post Australia Now Has Over 1,000 Bitcoin ATMs:...
Australia joins 1,000+ Bitcoin ATM club alongside US, Canada
24.4.2024
The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021
Canada To Adopt International Standard For Crypto Tax Reporting – Here’s What That Means
19.4.2024
Canada is set to implement the International Crypto-Asset Reporting Framework (CARF) for crypto tax reporting by 2026, as per the country's 2024 budget. The move will place new obligations on Canada crypto service providers, such as exchanges and ATM operators, to report transactions and customer...
Largest U.S. Crypto ATM Firm Reports No Impact on Revenues Despite Bitcoin Price Volatility
16.4.2024
Even during extreme volatility in Bitcoin prices, Bitcoin Depot's revenues remained steady and unaffected.
The post Largest U.S. Crypto ATM Firm Reports No Impact on Revenues Despite Bitcoin Price Volatility appeared first on Cryptonews
Bitcoin ATM Operator Expects Resurgence as FOMO Drives Bitcoin Price Higher
29.3.2024
Brandon Mintz, CEO of Bitcoin ATM operator Bitcoin Depot, predicts a global surge in Bitcoin ATM installations following the Bitcoin halving.
The post Bitcoin ATM Operator Expects Resurgence as FOMO Drives Bitcoin Price Higher appeared first on Cryptonews
Coinme Adds 9,700+ Coinstar Bitcoin ATM Locations to Bitcoin.com as New Featured Partner
19.3.2024
PRESS RELEASE. Coinme, a leading cryptocurrency cash exchange in the U.S., announced today the addition of over 9,700 physical Bitcoin ATM locations to the Bitcoin.com site and map finder. Coinme powers thousands of Coinstar Bitcoin ATMs across the country, where customers can turn cash into crypto...
Bitcoin ATM Vulnerability Fixed: Hackers Could Have Gained ‘Full Control’
25.1.2024
Bitcoin ATM maker Lamassu Industries has successfully addressed a vulnerability that could have granted hackers “full control” over its Bitcoin ATM machines. The flaw came to light when a team of ethical hackers from security firm IOActive attempted to compromise Lamassu’s Bitcoin...
Number of Chinese CBDC-related Criminal Cases on the Rise
11.1.2024
Source: blackday/Adobe China’s rapid CBDC progress is causing a rise in digital yuan-related criminal cases, including suspected fraud, identity theft, and phishing. Per the Shenzhen Securities Times, a Shanghai court this week convicted a group of criminals that exploited CBDC functions on an...
Bitcoin Adoption Soars: In-Person Vendors Accepting Bitcoin Triple in 2023
8.1.2024
Source: DALL·E The landscape of cryptocurrency usage is rapidly changing, with over 6,000 in-person vendors across the globe now accepting Bitcoin. According to BTC Map, the up-to-date number of merchants accepting Bitcoin holds steadily above 6,000, currently at 6,332 as of Jan. 8. In the past...
Bitcoin ATMs See First Decline in a Decade with 11% Drop
2.1.2024
Source: Adobe / Petr For the first time in a decade, the number of installed Bitcoin ATMs worldwide fell in 2023. According to data from Coin ATM Radar, the number of installed Bitcoin ATMs in the world fell 11%, from 37,827 on January 1, 2023, to 33,622 on the same date in 2024. In...
Unprecedented Downturn: Over 5,700 Crypto ATMs Decommissioned in 2023, Marking First Annual Decline
31.12.2023
Crypto automated teller machines (ATMs) have experienced a decline this year, marking the first downturn since October 2013, with the total count dipping from 39,350 to the present 33,620. Approximately 5,730 cryptocurrency ATMs have been decommissioned, constituting a 14.56% decrease from the peak...
Australian Cash Use in Decline as 75% of Residents Now Seen as ‘Low Cash Users’
15.12.2023
On Dec. 12, Michele Bullock, the governor of the Reserve Bank of Australia, revealed that as much as 75% of Australians are now considered to be “low cash users.” Bullock also noted that the reduction in the use of cash for transactions is putting a strain on the cash distribution...