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Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns

Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud ConcernsSeven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin ATMs. The senators urged companies to implement stronger measures to combat the […]

SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption

Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year

Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous YearNew 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 ATMs, accounts for […]

SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption

The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000

The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000This 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 the last 23 months since September 1, 2020, when there […]

SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption

Bitstop to Unveil ATM That Dispenses NFTs at Bitcoin 2022 Event in Miami

Bitstop to Unveil ATM That Dispenses NFTs at Bitcoin 2022 Event in MiamiThe cryptocurrency automated teller machine (ATM) company Bitstop has revealed its plans to showcase a non-fungible token (NFT) ATM at the Bitcoin 2022 Conference in Miami Beach this week. According to Bitstop’s co-founder Doug Carrillo, the NFT ATM can not only dispense NFTs but also provides an “in-person minting experience.” Bitstop to Reveal NFT ATM […]

SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption