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UK Widens Crackdown on Unauthorized Crypto ATMs
9.3.2023
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has widened its crackdown on unauthorized cryptocurrency ATMs. “There are currently no crypto ATM operators registered with the FCA, which they must be to operate legally,” the regulator noted. FCA Cracks...
Today in Crypto: Nansen Launches Query on Google Cloud, Coinme Adds 22,000 ATMs to Cash Network, Mysten Labs Signs MOU with Alibaba Cloud, NFTs Not (Yet) Securities in Germany
8.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Nansen Launches Query on Google Cloud, Coinme Adds 22,000 ATMs to Cash Network, Mysten Labs Signs MOU with...
UK Financial Regulator Expands Enforcement Against Crypto ATMs to East London
8.3.2023
The FCA began enforcing its proclamation that crypto ATMs are illegal last month, inspecting sites in the northern city of Leeds
Bitcoin Depot converts BTC ATMs to software to reduce operating costs
28.2.2023
The software conversion of the crypto ATMs, which vertically integrates Bitcoin Depot’s hardware and software, eliminates annual software licensing fees
UK Law Enforcement and Regulators Join Forces to Dismantle Illegal Crypto ATMs
15.2.2023
UK authorities have raided several properties around Leeds suspected of hosting illegally operated cryptocurrency automatic teller machines (ATMs).
The UK’s Financial Conduct Authority (FCA), as well as West Yorkshire Police’s Digital Intelligence Unit, were involved in the raids, which...
UK Police Raid Crypto ATM Sites — Regulator Says No Crypto ATMs Have Been Approved
15.2.2023
Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registration,” the British financial regulator stressed, adding that it is “working with...
UK Financial Regulator Takes Enforcement Action Against Crypto ATM Operators
14.2.2023
The financial watchdog has teamed up with West Yorkshire Police to tackle crypto ATM operators in the city of Leeds
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
14.2.2023
According to FCA, all crypto ATM operators in the United Kingdom are currently illegal because none of them is registered with the regulator
Major Crypto ATM Operator Coin Cloud Files for Bankruptcy
9.2.2023
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files...
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
UK native stablecoin integrates into 18,000 ATMs nationwide
31.1.2023
Brits can now withdraw physical cash for GBPT, a one-for-one pound sterling stablecoin, as well as other cryptos at ATMs in the United Kingdom
Australia ranks 3rd in crypto ATM installations after US and Canada
25.1.2023
Australia now enjoys 234 crypto ATMs, which puts her in the third spot globally after the United States and Canada
Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data
9.1.2023
Over the last six months, between July to the end of 2022, just 94 Bitcoin ATMs were added to the global network
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year
6.1.2023
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any other country, while Australia tops the chart...
Lightning Network gets physical form in Australia with Bitcoin ATM
3.1.2023
Lightning-enabled Bitcoin ATMs promise to offer instant transaction support and a significant cut in cost from traditional crypto ATMs
Australia Now Home to More Crypto ATMs Than El Salvador – How Does This Impact Adoption?
3.1.2023
The number of crypto ATM machines in Australia has hit new highs over the past four months, surpassing El Salvador, the country where bitcoin (BTC) is legal tender. What's more, two other countries overtook El Salvador: Spain and Poland.
Per Coinatmradar.com, the top 3 countries by the number...
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day
8.12.2022
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. The new limits, which are in line with...
Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year
24.11.2022
New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows that the United States, which has over 34,000 crypto...
Crypto Adoption: Number of Bitcoin ATMs in Canada Jumps 28% in One Year
7.11.2022
The number of bitcoin (BTC) automated teller machines (ATMs) in Canada went up nearly 28% in a year and almost 190% in two years, according to data provided by Coin ATM Radar.
The number of Bitcoin ATMs currently installed in Canada is 2,549. On the first day of this month, the Coin ATM Radar...
Bitcoin ATMs Increase in Number in Moscow, Russia
29.10.2022
The number of bitcoin ATMs has been on the rise in Russia’s capital and the rest of the country, a press report revealed this week. There is demand for the service as it offers easy access to cryptocurrencies, although not at the best exchange rates and still amid regulatory uncertainty. More...