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Crypto Money Laundering: Aussie Agency to Target Crypto ATM Providers

Crypto Money Laundering: Aussie Agency to Target Crypto ATM ProvidersAustralia’s financial intelligence agency has said it will crack down on cryptocurrency ATM providers to combat money laundering and scams. Task Force Targets Crypto ATMs The Australian Transaction Reports and Analysis Centre (AUSTRAC), Australia’s financial intelligence agency, announced Dec. 6 it will crack down on cryptocurrency ATM providers that fail to comply with the country’s […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Number of crypto ATMs installed nears its all-time record

The net 2,564 cryptocurrency ATMs installed so far in 2024 is on track to outpace the net 2,861 machines that were unplugged in 2023.

The number of cryptocurrency ATMs installed worldwide has spiked 17.8% to 38,279 over the last 12 months — inching closer to its record of 39,541 set back in December, 2022.

It includes a net 2,564 cryptocurrency ATMs added so far in 2024, which is on track to outpace the net negative 2,861 machines that were unplugged in 2023, according to Coin ATM Radar.

The tally increased every single month between July, 2023 and May, 2024.

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US Bitcoin strategic reserve divides opinion at World Economic Forum

Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals

Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting CriminalsA 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 as secret as possible to attract a clientele that would pay top dollar for […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter

Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First QuarterDuring 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 2,759 machines added to the list of 36,659 crypto ATMs […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

First Cryptocurrency ATM Reportedly Installed in Uruguay

First Cryptocurrency ATM Reportedly Installed in UruguayThe ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose primary avenue for purchasing crypto relies on peer-to-peer markets. Uruguay Enters the […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Over 20,000 Bitcoin ATMs Installed in a Year

Over 20,000 Bitcoin ATMs Installed in a YearThe number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto teller machines put into operation in the previous seven years. Close to 34,000 Crypto ATMs Available Globally ATM locations offering users options to buy and […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments

US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for PaymentsThe U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport. “This marks the first government-hosted cryptocurrency kiosk,” the city said. Williston also accepts cryptocurrencies for payments of utility bills. ‘The First Government-Hosted Cryptocurrency Kiosk’ The city of Williston in the U.S. state of North Dakota announced Wednesday a […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Bitcoin ATMs Double This Year, Exceed 30,000 Globally

Bitcoin ATMs Double This Year, Exceed 30,000 GloballyLocations providing crypto ATM services have increased exponentially this year, according to data compiled by a major tracking site. Bitcoin ATMs have doubled in number since January and close to 80 countries now host teller machines exchanging cryptocurrencies with fiat money. Over 30,000 Bitcoin ATMs Operate Around the World In a year when cryptocurrency markets […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Cryptocurrency ATM Boom Comes to Colombia

Cryptocurrency ATM Boom Comes to ColombiaWhile Colombia is not a country that has embraced cryptocurrencies compared to Venezuela or some African countries, it is the country with the second most cryptocurrency ATMs in the Latam region. The reason behind this could be that Colombia has a high percentage of cash usage. This makes cryptocurrency ATMs a very important tool for […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Buying Bitcoin and Ether Just Got Easier in Honduras With Cryptocurrency ATM

Buying Bitcoin and Ether Just Got Easier in Honduras With Cryptocurrency ATMA cryptocurrency ATM has been installed in Honduras where users can buy bitcoin and ether. According to reports, this is the first crypto ATM in the country. Honduras borders El Salvador, where bitcoin is set to become legal tender in a little over a week. Cryptocurrency ATM in Honduras A cryptocurrency ATM launched this week […]

US Bitcoin strategic reserve divides opinion at World Economic Forum