Tag: bitcoin atms

Nov 10 2022

Bitcoin ATM Locations Surged By 28% In Canada

Although downtrends in crypto prices have affected the industry's growth, crypto-related developments continue to make headlines almost daily. This time, north-American country Canada records an immense increase in Bitcoin ATMs installation. As per the stats provided by Coin ATM Radar, Bitcoin ATM locations in Canada have surged by over 28% in the last year. Canada made rapid strides in guaranteeing that Bitcoin ATM...

Aug 05 2022

Bitcoin ATMs Are Springing Back To Life In Japan After 4-Year Hibernation

Bitcoin ATMs are coming out of dormancy in Japan for the first time since the crypto winter of 2018 — allowing residents of Osaka and Tokyo to trade cryptocurrencies from devices other than their smartphones or personal computers. Gaia Co., Ltd, a local cryptocurrency exchange company, disclosed on Wednesday that it will soon debut crypto ATMs, or "BTMs," and has set plans to...

Apr 15 2022

To Test The Lightning Network, CNBC Sent BTC To A Ukranian In Poland. The Result?

Mainstream media, CNBC to be exact, experienced the power of Lightning. The article’s snatchy title says it all, “We sent bitcoin from Miami to a Ukrainian in Poland who withdrew it as cash, all in less than three minutes.”...

Mar 12 2022

UK Declares Bitcoin ATMs Illegal, Orders Immediate Shutdown

UK's Financial Conduct Authority (FCA) said on Friday that all crypto ATMs operating in the country were doing so illegally, and ordered operators to immediately shut them down. Britain's top financial regulator said operators needed to comply with UK money laundering regulations, and that none had done so. The regulator said the ATMs, which allow...

Feb 02 2022

El Salvador Deploys 1500 BTC ATMs, Relaunch Chivo Wallet; Success Could Usher A Crypto Revolution

Feb 02 2022 Published at Coingape under tags  bitcoin atm bitcoin atms bitcoin news news

El Salvador was the first nation which accepts Bitcoin(BTC) as a legal tender, and the country is now focusing on relaunching the Chivo wallet. The El Salvador Nayib...

Oct 01 2021

Kraken Unveils Security Vulnerabilities In A Large Number Of U.S. Bitcoin ATMs

Oct 01 2021 Published at Bitcoinist.com under tags  atms bitcoin bitcoin atms btc crypto

Bitcoin ATMs are becoming a popular fixture in major cities around the world. With the growth of bitcoin has come to the increased installations of automated teller machines where people can purchase bitcoin on the go. There are currently at least 26,000 bitcoin ATMs installed around the world. But the vast majority of these ATMs (over 80%) are located in...

Aug 06 2021

News From El Salvador, Early August: Optimism, Donations, And Meetups

The outpour of Bitcoin-related news from El Salvador, AKA Bitcoin Country, slowed down. It’s the calm before the storm. The Bitcoin Law goes into effect in September. Nevertheless, things are happening and Bitcoinist is here to report on them. Who else but us reports on the little things that add up and end up changing the world? Nobody else in the crypto-space, that’s...

Jul 03 2021

News From El Salvador, Early July: Bukele, El Zonte, And The ATM Factory

The Bitcoin train is moving fast in El Salvador. The law that makes it legal tender goes into effect in September, but the first Bitcoin company is already up and running. Also, a member of the US government and Reuters have President Bukele in their minds. Plus, concrete improvements in El Zonte, the land of Bitcoin and the Lightning Network. Related Reading |...

Jun 23 2021

News From El Salvador: What’s Going On At Bitcoin Beach?

It feels like a movie, a modest youth outreach program at a remote beach ended up modernizing a whole country. And probably changing the whole world. Bitcoin is already legal tender in El Salvador, but that’s just the first step. The story continues at Bitcoin Beach, where an ever-growing group of Salvadorians is facing challenges and teaching children about the marvels of this...

Feb 19 2021

New Jersey Crime Watchdog Says Crypto ATMs Need More Regulation

Feb 19 2021 Published at CoinDesk under tags  bitcoin atms crime fraud new jersey news

State regulation of crypto ATMs is poor and federal laws aren't much better, the commission said in a report.

Feb 10 2021

Blue Ridge Bank Shares Halted by NYSE After Bitcoin ATM Announcement

Feb 10 2021 Published at CoinDesk under tags  bitcoin atms blue ridge bank brsb business news

The stock jumped by more than 13% after news that it would let its customers buy bitcoin through its ATMs.

This Virginia-Based Bank Is Letting Customers Buy Bitcoin at the ATM

Feb 10 2021 Published at CoinDesk under tags  bitcoin atms blue ridge bank business news

Charlottesville’s Blue Ridge Bank is letting cardholders purchase and redeem bitcoin at 19 ATMs.

Dec 14 2020

Coinstar Expands Its Coinme Bitcoin ATM Fleet to 5,000

Dec 14 2020 Published at CoinDesk under tags  bitcoin atms coinme coinstar news

Coinme-powered bitcoin ATMs have sold 650% more bitcoins this year than in 2019.

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