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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
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
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....
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
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
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...
Bitcoin ATM operator RockItCoin acquires Tao Bitcoin
25.10.2022
The transaction included 56 machines from Tao Bitcoin — a regional operator in the south of the United States
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
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...
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...
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
Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs
14.7.2022
It will be up to the specific ATM operator to decide whether they want to incorporate the service making it unlikely all 175,000 of Hyosung’s ATMs will actually support BTC buying
Bitcoin ATM installation slowdown continues for 4th month in 2022
2.5.2022
The evident reduction in the installations of crypto ATMs could result from the regulators' hesitance to adopt the Bitcoin ecosystem
Dozen of Bitcoin ATMs planned at the largest EU electronics retailer
21.4.2022
Following a successful Bitcoin ATM pilot by Europe’s largest electronics retailer, 12 new Bitcoin ATMs are coming to Austria’s MediaMarkt stores
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...
Shitcoins are ‘garbage’: Bitcoin-only brokers on freedom and finance
25.3.2022
Bitcoin-only exchanges explain that selling altcoins is an attractive business model that sidesteps far greater long-term benefits for society, such as greater freedoms and financial prosperity