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Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”
4.12.2020
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...
US Firm Lawyers up to Claim Millions in Royalties from Bitcoin ATM Operators
11.11.2020
A compilation of Bitcoin ATM pictures, posted by Reddit users.
A company called First Bitcoin Capital, freshly acquired by the software company BOTS, said it is looking to start collecting royalties from bitcoin (BTC) ATM operators and manufacturers, and potential copyright infringement offenders...
New patent-holder wants $18M a month from US Bitcoin ATM operators
11.11.2020
Upstart blockchain firm Bots Inc claims it can demand between $14 million and $18 million in monthly revenues after acquiring a patent to Bitcoin ATM technology last month
Crypto ATMs continue to boom globally in 2020
8.11.2020
New machines are now coming online at a rate of nearly 1 per hour
Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9%
8.11.2020
The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such...
5,000 Bitcoin ATMs Add Cash-Out Option: Libertyx Sees Strong Adoption
28.10.2020
Libertyx has added a cash-out option to its 5,000 bitcoin ATMs. The CEO says this addition triples the number of bitcoin ATMs that allow users to cash out their bitcoin. He shares his business model with news.Bitcoin.com, providing insight into the bitcoin ATM usage trends he is seeing. 5,000...
Hotel Bitcoin ATMs on the Rise With Addition of Swiss Hotel Dolder Grand
21.10.2020
The number of hotels with a bitcoin ATM on-site is growing in Switzerland. The latest announcement came from The Dolder Grand, a luxury hotel and spa in Zurich, which recently installed a crypto ATM supporting four cryptocurrencies. Bitcoin ATMs Gaining Popularity in Hotels The Dolder Grand...
Elon Musk Says There’s No Bitcoin ATM at Gigafactory, But There is A But
12.10.2020
Inside Tesla's Gigafactory in Nevada, US. Source: a video screenshot, Youtube/CNBC International
Elon Musk has stated reports that his Tesla Gigafactory 1 plant in the desert outside Sparks, Nevada, is fitted with a bitcoin (BTC) ATM may be “inaccurate,” while other claims show that this story...
Elon Musk Plays Down Sighting of Bitcoin ATM in Tesla Gigafactory
12.10.2020
While Elon Musk doesn't seem sure, LibertyX claims it has installed three bitcoin ATMs at the Tesla Gigafactory in Nevada
Bungled Theft of Bitcoin ATM Puts Canadian Business Out of Action
8.10.2020
The inept thieves reversed their pickup truck into the store window, after failing to nab the crypto ATM
Bungled Bitcoin ATM theft in ‘meatspace’ won't ruin Thanksgiving
8.10.2020
Two thieves have destroyed the front wall of a deli in Canada after a failed attempt to steal a Bitcoin ATM
Bitcoin ATMs Surpass 10,100 Worldwide: Expert Shares Industry Outlook
22.9.2020
The bitcoin ATM industry has reached a milestone as the number of machines installed worldwide has surpassed 10,000 after seven years since the first machine was installed. There are now 10,162 bitcoin ATM locations spread across 71 countries. Number of Bitcoin ATMs Exceeds 10K The number...
Owning a Bitcoin ATM is about to get a lot harder in Germany
9.9.2020
Blockchain regulation continues to increase and it isn't likely to slow down any time soon
3 People Arrested in Hong Kong for Cheating Bitcoin ATMs
16.8.2020
The authorities in Hong Kong have arrested three people in connection with robberies from six bitcoin ATMs after two cryptocurrency exchanges reported funds being illegally withdrawn from them. 6 Bitcoin ATMs Targeted The Hong Kong Police Force’s cybersecurity and technology crime bureau...
Hong Kong Authorities Apprehend Bitcoin ATM Thieves Who Stole $30,000
15.8.2020
Showing up in person to steal cash from a digital asset machine?
Germany Begins Closing Down All Unlicensed Bitcoin ATMs
9.8.2020
Germany’s Federal Financial Supervisory Authority (BaFin), the country’s top financial regulator responsible for regulating crypto service providers, has begun actively closing down unauthorized bitcoin ATMs, a BaFin spokesperson has confirmed to news.Bitcoin.com. All Unauthorized...
Bitcoin ATM Locations Reaching 9,000 Worldwide
4.8.2020
The number of bitcoin ATM locations has been rising steadily. Almost 9,000 bitcoin ATMs have been installed worldwide. The U.S. leads as the country with the largest number of bitcoin ATMs, followed by Canada and the United Kingdom. Nearly 9,000 Bitcoin ATMs There are currently 8,947 cryptocurrency...
US Takes Down $25 Million Bitcoin ATM Operation, Seizes 17 Machines
23.7.2020
The U.S. government has taken down a $25 million bitcoin ATM operation and seized 17 machines along with some cryptocurrencies. The Department of Justice says the man behind this unlicensed bitcoin ATM operation has agreed to plead guilty and is facing up to 30 years in prison. US Dismantles...
‘Superman29’ May Do Time: California Resident Pleads Guilty to Laundering Millions Using Illegal Bitcoin ATMs
22.7.2020
Kais Mohammad a.k.a. “Superman29” agreed to plead guilty to federal charges that he ran an unlicensed Bitcoin-ATM network and laundered up to $25 million, according to the DOJ
Bitcoin ATM Growth May Be a Boon for Money Launderers
24.6.2020
Crypto analytics company CipherTrace found bitcoin ATMs are increasingly being used to send funds to "high-risk exchanges" suspected of facilitating illicit activity