Bitcoin, the world’s most popular cryptocurrency, has seen a surge in demand over the past few years. Easy ways to buy and sell digital currency are becoming more and more necessary as more people ado...
Tag: ATMs
UK FCA Initiates Further Action Against Unregulated Crypto ATMs
With the crypto space continuing to remain in the doldrums, regulators have continued to crack the whip on several sectors of the ecosystem. The latest target is unregulated crypto ATMs in London. Cr...
FCA Enforces Shut Down of Unregistered Crypto ATMs in UK
The U.K. Financial Conduct Authority (FCA) is taking action again against illegally-operating crypto ATMs, this time in East London. Last month, the agency conducted a similar operation in Leeds. The ...
UK FCA tightens control on unregistered crypto ATMs
Ad The United Kingdom Financial Conduct Authority(FCA) cracked down on crypto ATMs in the country and moved on to the east London region with the investigation, Reuters reported. The FCA has been work...
UK cracks down on crypto ATMs
In their most recent move to disrupt unlicensed enterprises in the cryptocurrency industry, the British FCA set its sights on cryptocurrency ATMs. During its inspections, the regulator will examine th...
UK FCA Clamps Down On Unregulated Crypto ATMs In London
Regardless of the crypto market condition, regulators have continued to clamp down on several sectors in the crypto industry. Earlier today, the UK financial watchdog, proceeded in taking legal action...
UK May Shut Down Crypto ATMs Soon As Regulators Launch Investigation to Tackle Illicit Activity in London
In recent years, cryptocurrency has emerged as a popular form of investment and financial transactions, with many people turning to digital currencies like Bitcoin and Ethereum. However, the rise of t...
Bitcoin Depot Converts Crypto ATMs to Software
Bitcoin Depot, a leading provider of physical Bitcoin ATMs and kiosks, has announced the successful conversion of all its 7,000 crypto ATMs to a software-based offering powered by BitAccess. The softw...
Bitcoin Depot updates software in its ATMs to cut expenses
Bitcoin Depot has just migrated all 7,000 cryptocurrency ATMs and kiosks to a software-based service that BitAccess powers. After bitcoin Depot’s acquired a majority ownership stake in BitAccess in No...
FCA Cracks Down On Unregistered Crypto ATMs –
Join Our Telegram channel to stay up to date on breaking news coverage What– the UK financial watchdog, Financial Conduct Authority (FCA), cracks down on unregistered crypto automated teller machines ...
UK Financial Regulator Cracks Down on Illegal Crypto ATMs
The UK’s Financial Conduct Authority (FCA) is cracking down on unregistered crypto ATMs. The regulator says it recently entered and inspected several sites near the city of Leeds, in the North of Engl...
Crypto ATMs feel the heat following UK FCA crackdown
The Financial Conduct Authority (FCA) of the United Kingdom is cracking down on unregistered cryptocurrency ATMs. Potential connections between these ATMs and organized crime have been highlighted all...
UK police crackdown on illegal crypto ATMs
The Financial Conduct Authority (FCA) and West Yorkshire Police have teamed up to disrupt unregistered crypto businesses operating illegally in the U.K., with a focus on identifying and disabling ille...
FCA of UK Clamps Down on Crypto ATMs Over Non-registration
8 hours ago | 2 mins read Bitcoin News The FCA claims it conducted cooperative investigations with local law enforcement. The UK seems to be planning to enforce considerably stricter crypto rules. Rec...
UK Police Raid Crypto ATM Sites — Regulator Says No Crypto ATMs Have Been Approved – Regulation Bitcoin News
Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registrati...
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), is coming for unregistered cryptocurrency automated teller machines (ATMs). The FCA and the cyber team at West Yorkshir...
18k ATMs across UK now accept native stablecoin
As part of efforts towards making the U.K. become a ‘crypto hub,’ a partnership deal has been struck between BitcoinPoint and Poundtoken; the deal is meant to ensure the country’s stablecoin ($GBPT) b...
Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data
While Bitcoin (BTC) ATMs were an afterthought to Satoshi Nakamoto’s vision of sound money, they are now considered one of the main pillars of Bitcoin’s mainstream adoption. However, the global Bitcoin...
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year – Bitcoin News
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more mach...
Crypto ATMs Grew Significantly Despite Crypto Market Slowdown
With the inauguration of the new year, research and reports across distinct fields started coming out indicating the growth and development of the sector. The latest data about crypto ATMs all over th...
Australia Crypto ATMs Skyrocket, Overtaking El Salvador
Data from Coin ATM Radar showed there had been 95 crypto ATMs removed from the worldwide count so far in the new year. Crypto ATM installations in Australia, however, have skyrocketed. The development...
Australia Surpasses El Salvador in Number of Crypto ATMs
Bitcoin News Australia has installed 219 cryptocurrency ATMs as we enter the year 2023. The nation put in place 99 cryptocurrency ATMs in the last three months of 2022. Shortly after being the fourth-...
Over 4,000 crypto ATMs installed in 2022 despite bear market
Despite the bear market affecting the digital asset industry this year, the adoption of cryptocurrency ATMs has continued to grow, powered by different factors. Indeed, as of December 30, the number ...
Bitcoin ATM surge by 28% in Canada: 100 ATMs installed every quarter.
Canada has 2,580 BTC ATMs. Second largest in the world. First Crypto ATM was installed at Waves Cafe in Vancouver on October 9, 2013. Items purchased with BTC recorded a massive high. Nine years after...
Bitcoin ATMs Across the Globe and Their Growth Over the Years
The number of bitcoin automated teller machines (ATMs) has surged in accordance with the development of the cryptocurrency industry. The first such machine saw the light of day in October 2013. Needle...
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day – Coinotizia
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash...
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day – Bitcoin News
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash...
Crypto ATMs market to grow 60% by 2030, exceeding $5 billion despite volatile markets
The global cryptocurrency ATM market size is projected to grow in the coming years, helping push the adoption of digital assets into the mainstream. In particular, a new study indicates that the mark...
Crypto ATMs installation drops 80% in 2022 – crypto.news
The latest data shows that around 6,100 bitcoin and crypto ATMs were installed in the first 11 months of 2022. That is three times less than the number of machines installed in 2021. The U.S., which h...