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Complex Compliances: Checklist for Crypto ATM Operators
25.7.2020
Operating a Bitcoin ATM could indeed be a lucrative business endeavor, but it just got a whole lot more complex
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
Simple Ledger Protocol Universe Is Thriving: Lottery, Mint, ATMs, Over 8,500 SLP Tokens Created
21.6.2020
It’s been close to twelve months since we reported on the vast Simple Ledger Protocol (SLP) universe built on top of the Bitcoin Cash chain. At the time, there were 2,700 unique SLP tokens created, and that’s increased by 217% during the last year with 8,585 SLP tokens created to-date....
US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines
4.6.2020
Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged...
Bitcoin ATMs Face Tighter Regulations Over Money Laundering
3.6.2020
The global regulatory landscape is tightening for crypto ATM operators
Coinstar Plans Massive Expansion of Coinme Bitcoin ATMs as Usage Spikes 40%
8.5.2020
Coinstar, the coin counting kiosk maker hosting 3,500 Coinme bitcoin ATMs, is considering doubling that count after a surge in usage amid the COVID-19 pandemic
General Bytes ATM Developers Add Two-Way Support for Bitcoin Cash-Based SLP Tokens
23.4.2020
The Simple Ledger Protocol (SLP) has been extremely popular among Bitcoin Cash (BCH) advocates and the SLP token universe has grown quite large. SLP tokens have seen a myriad of applications built around them and a slew of unique tokens have gained real-world value after being listed on exchanges....
Oxford Law Says World Needs Crypto Regulation to Prevent Financial Meltdown
20.4.2020
Oxford law researchers say crypto regulation is needed for preventing traditional financial markets from systemic risk
Bitcoin ATMs Expand Despite Shelter-in-Place Rules
19.4.2020
Bitcoin ATM networks are simultaneously growing and retracting due to coronavirus precautions
Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
30.3.2020
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds...
Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic
16.3.2020
Transferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people...
Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira
8.3.2020
If there’s a place where cryptocurrencies draw significantly more attention than anywhere else right now, it has to be Nigeria. Africa’s largest economy is driven by its oil exports, expanding manufacturing, financial services, communications and information technology sectors, but also...
German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs
7.3.2020
Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The regulator recently clarified what crypto service...
How to Find Your Nearest Bitcoin ATM
21.2.2020
Cryptocurrency markets have experienced a few intensive weeks since the start of the year that took prices to 2020 highs in mid-February. The overall bullish sentiment is attracting more interest towards the crypto space. There are many ways to get started with Bitcoin but one the most accessible...
Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World
16.2.2020
ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also...
CoinFlip Lists Stellar’s XLM on its 450 Crypto ATMs
6.2.2020
Crypto ATM startup CoinFlip has added Stellar Lumens (XLM) to its network of 450 machines
Former Venezuelan Gold Mining Company Wants to Centralize Bitcoin ATM Infrastructure
15.1.2020
First Bitcoin Capital Corp. wants to unite the providers of bitcoin ATMs around the world
Coinme Adds BTC Purchase Function to Over 100 Coinstar Kiosks in California
14.1.2020
With over 21,000 kiosks in the U.S., Coinstar is a popular automated service for those who want to turn their fiat coins into paper cash. 3,000 of these kiosks have been integrated with Coinme to include crypto purchase functionality, and more than 100 BTC-integrated Coinstar kiosks are now newly...
Why Compliance Is the Biggest Team at Bitcoin ATM Startup Coinsource
13.1.2020
We caught up with bitcoin ATM startup Coinsource on the show floor of the Consumer Electronics Show (CES) in Las Vegas
Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens
8.1.2020
Lebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients....