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Spain overtakes El Salvador to become third largest crypto ATM hub
22.10.2022
Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs
Spanish Crypto ATM Company Bitbase Eyes European and Latam Expansion
11.10.2022
Bitbase, a Spanish cryptocurrency ATM company, is planning to keep expanding its services in 2023. The company, which received investments from Dextools and Woonkly, two Web3-based decentralized companies, aims to reach 200 cryptocurrency ATMs installed in Spain. Bitbase is also working to obtain...
Crypto ATMs emerging as popular method for crypto scam payments: FBI
5.10.2022
The FBI says alongside regular methods of payment such as wire transfers and prepaid cards, crypto ATMs are also becoming a prominent tool for crypto investment scammers
Argentine Startup Action Point Develops White Label Solution to Include Crypto in Traditional ATMs
5.9.2022
Action Point, an Argentine startup, has developed a white-label solution that allows banks to offer cryptocurrency services through their already existent ATM infrastructures. The company provides this service in partnership with Lirium AG, a crypto-as-a-service organization, and has already...
Crypto ATM Company Bitbase Prepares to Open Operations in Venezuela This Year
29.8.2022
Bitbase, a cryptocurrency store and ATM company headquartered in Spain is preparing to open operations in Venezuela this year. The company is now looking for employees for the stores and crypto ATMs that will be opened. Bitbase would be one of the first international exchanges to open an office...
US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal
26.8.2022
Major US crypto ATM provider Bitcoin Depot has signed a deal with GSR II Meteora Acquisition Corp, paving the way for the two companies’ merger and listing on the NASDAQ exchange.
Per the press release,...
Read More: US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal
World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal
25.8.2022
The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed...
Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal
25.8.2022
One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023
Crypto ATM Operator Bitcoin Depot to List on Nasdaq in $885M SPAC Deal
25.8.2022
Crypto ATM operator Bitcoin Depot plans to go public on Nasdaq by merging with special purpose acquisition company (SPAC) GSR II Meteora
The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000
8.8.2022
This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of crypto ATMs has grown by 3,925% since then. Crypto ATM numbers saw exponential growth during...
After four years, Japan brings back its first crypto ATM
4.8.2022
Local exchange Gaia Co. is set to roll out crypto ATMs in Tokyo and Osaka and has outlined plans for 130 of them over the next three years
Crypto ATM market value to hit $472 million by 2027 per new data
27.7.2022
Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption
Spanish Crypto Exchange Bitbase Expands to Latam
15.7.2022
Bitbase, a Spanish cryptocurrency exchange and crypto ATM operator, has announced its expansion to Latam with the establishment of a store in Paraguay. The company, which had previously opened a store in Portugal, is now bringing its operations to several locations in Paraguay, having its sights...
Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals
18.4.2022
A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business...
Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter
2.4.2022
During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year machines are still being installed in great numbers and since December 30, there have been...
UK Watchdog Asks Crypto ATM Providers to Stop Operating or ‘Face Enforcement Action’
13.3.2022
U.K. watchdog, the Financial Conduct Authority (FCA), has told firms running crypto ATMs in the country that they are operating illegally and must therefore shut down their machines. Operators that fail to heed the warning will face enforcement action, the FCA said. Crypto ATM Providers Operating...
Venezuela Might Have Cryptocurrency ATMs Again Soon
22.2.2022
While Venezuela has been a leading country for cryptocurrency adoption in Latam, its citizens don’t have access to cryptocurrency ATMs. However, this might change in the future, as Bitbase, a crypto ATM company, is currently in talks with Venezuelan authorities and banks to install some...
Cryptocurrency ATMs Close Down in Singapore Following Central Bank’s Announcement
19.1.2022
Cryptocurrency ATMs have closed down in Singapore following the guidelines issued by the central bank, the Monetary Authority of Singapore (MAS). “To comply with the sudden announcement, we have ceased to offer buy or sell services via our five ATMs while seeking further clarification from...
US Federal Trade Commission Warns Consumers About Falling for Crypto ATM Scam
12.1.2022
The U.S. Federal Trade Commission (FTC) has warned consumers about scams involving cryptocurrency ATMs. “There’s a new spin on scammers asking people to pay with cryptocurrency,” the FTC described. FTC’s Warning About Scams Involving Cryptocurrency ATMs The U.S. Federal...
FTC issues public warning about new crypto ATM scam
11.1.2022
The Federal Trade Commission alerts everyone to stay vigilant of a new payment scam involving impersonators and crypto ATMs