Tag: ATMs
Bitcoin Depot CEO Mintz Wants to Consolidate Business of ATMs for BTC
“For us, it is your first and last legal name, your phone number, your email address, and we run you through sanction screening,” Mintz explained. “Yo [...]
UK Regulator Ramped Up Campaign Against Crypto ATMs in May and June
The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, [...]
UK FCA shuts down 26 crypto ATMs following coordinated investigation
United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), “disrupted” 26 of the 34 cryptocurrency ATMs it visited and inspected sin [...]
RBI announced to issue RuPay forex cards soon, can be used at overseas ATMS, know the benefits
The banker’s bank has decided to allow Indian banks to issue RuPay prepaid forex cards for use at ATMs, PoS machines, and online merchant [...]
Net Bitcoin ATMs record an increase after 4 months of global downtrend
Breaking the year-long trend of declining Bitcoin (BTC) and crypto ATMs across the globe, May recorded a steep increase in net installations with near [...]
UK financial watchdog announces inspections against sites with suspected illegal crypto ATMs
The United Kingdom’s Financial Conduct Authority, or FCA, has announced the inspection of sites across the country “suspected of hosting illegally ope [...]
UK’s Financial Conduct Authority Continues Crackdown on Unregistered Crypto ATMs in Exeter, Nottingham and Sheffield
The FCA said it has inspected sites in Exeter, Nottingham and Sheffield alongside the regional police. The devices for turning fiat currency into cryp [...]
Australia installs more Bitcoin ATMs than whole of Asia
Australia, the country that hosts the third-largest network of Bitcoin (BTC) ATMs, surpassed the continent of Asia in terms of the total number of cry [...]
More than 3600 Bitcoin ATMs went offline to record largest monthly decline
Contradicting the growing global Bitcoin (BTC) adoption rate, physical ATMs dedicated to fiat-crypto conversions are on the decline. In March alone, 3 [...]
UK Financial Regulator Expands Enforcement Against Crypto ATMs to East London
The FCA began enforcing its proclamation that crypto ATMs are illegal last month, inspecting sites in the northern city of Leeds.
www.coindesk.com [...]
Bitcoin Depot converts BTC ATMs to software to reduce operating costs
Crypto ATM installations have seen a steady decline across the world over the past several months. While some ATMs have been taken out of operation du [...]
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
The United Kingdom’s financial regulator, Financial Conduct Authority (FCA), is coming for unregistered cryptocurrency automated teller machines (ATMs [...]
UK native stablecoin integrates into 18,000 ATMs nationwide
A partnership between Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin ($GBPT) accessible to retail consumers via [...]
Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data
While Bitcoin (BTC) ATMs were an afterthought to Satoshi Nakamoto’s vision of sound money, they are now considered one of the main pillars of Bitcoin’ [...]
Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil
The conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, whic [...]