Tags : ATMs

Regulation

200 Bitcoin ATMs installed in El Salvador ahead of legal

El Salvador began installing crypto ATMs as the country enters the last two weeks of preparation for the big day when Bitcoin (BTC) will claim its legal tender status. The Bitcoin Law, effectively ushered by President Nayib Bukele through parliament in June, will take effect on September 7. 200 Bitcoin ATMs and 50 financial branches […]Read More

Market

Do crypto ATMs make buying BTC easier for the mainstream?

Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations during 2021, showing a 71.3% increase from Jan. 1, 2021, until the time of reporting. Specifically speaking, there are currently over 24,000 crypto ATMs located across the globe. Data further suggests […]Read More

Bitcoin

El Salvador’s soon getting 1,500 Bitcoin ATMs

Chicago-based US company, Athena Bitcoin, which operates Bitcoin (BTC) and other cryptocurrency ATMs throughout North and South America, announced plans to expand its network in El Salvador, according to CNN. The company that operates a large ATM network, which stretches from Michigan to Puerto Rico in the US and has operating terminals in Argentina and […]Read More

Bitcoin

FBI plans to put warning signs on Bitcoin ATMs to

The Cuyahoga County (U.S. state of Ohio) Scam Squad and the Federal Bureau of Investigations (FBI) have issued a public warning as scammers began to actively use Bitcoin (BTC) ATMs to defraud people, TV channel News 5 Cleveland reported on Tuesday. “Now scammers are asking you to pay in Bitcoin,” said Sheryl Harris, director of […]Read More

Bitcoin

300 Bitcoin ATMs are coming to this crypto-friendly US state

Coinme, a cryptocurrency-to-cash exchange based in the US, entered Florida earlier this week with the launch of over 300 Bitcoin-enabled Coinstar kiosks. “For Floridians, the expansion makes buying Bitcoin with cash as simple as visiting their local grocery store,” the firm said. Excited to announce we’re now live in Florida! Floridians can now purchase #bitcoin […]Read More

Blockchain

Sberbank Buys 5,000 Blockchain ATMs as Russia Ponders Criminalizing Crypto

Sberbank, Russia’s largest bank, is buying more contactless ATMs that are powered by blockchain, according to local news agency Izvestia. Interestingly, the move comes amid a proposed bill to penalize individuals and companies that use crypto and Bitcoin in financial transactions. Sberbank Leverages Blockchain for Contactless ATMs To avoid confusion, Sberbank’s ATMs have nothing to […]Read More