Tag: crypto 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...

Mar 11 2022

UK’s Financial Watchdog Declares All Crypto ATMs As Illegal

UK's Financial Conduct Authority (FCA) has posted a warning today ordering all crypto ATMs in the country to be shutdown as they are operating illegally. UK's FCA Says None Of The Crypto ATMs In The Nation Have Gotten Approval As per an announcement on the financial watchdog's website, the FCA has warned any crypto ATMs...

Nov 19 2021

Small U.S. City Installs First Government-Backed Crypto ATM In Airport

Williston, a small city with just over 27,000 residents - as of 2019, is making strides in the $2.5 trillion cryptocurrency world. The city has announced a partnership with crypto services company...

Aug 28 2021

Honduran Company Launches Country’s First Crypto ATM

Countries in Central America have been taking more pro-crypto positions as the market continues to grow. Last Sunday, the president of El Salvador announced that citizens would have the opportunity to convert their cryptocurrencies to fiat immediately after Bitcoin is recognized as legal tender. The government would be building the infrastructure, including ATMs, to support a state- issued Bitcoin wallet. Similarly, in Panama, a...

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