Tag Archives: atm

Major Milestone: New York Licenses Bitcoin ATMs, Now Fully Regulated

New York’s chief financial regulator has approved a Bitcoin-based ATM company to receive a controversial Bitlicense, granting them the ability to offer their services in the state. Coinsource Granted Bitlicense From New York Department of Financial Services Coinsource Inc., the company behind a wide-number of Bitcoin automated-teller machines across the United States, can now offer their cryptocurrency buying… Read More »

Hodler’s Digest, October 21-October 28: US SEC Mulls Over Bitcoin ETFs, While Bakkt’s BTC Futures Inch Closer To Approval

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week US SEC Releases Memorandum From Meeting Over Bitcoin ETF Proposal The… Read More »

How a Bitcoin Exchange Is Surviving a Central Bank Crackdown in India

Indian regulators’ clampdown on cryptocurrency businesses is forcing the exchange startup Unocoin to experiment with stablecoins and ATMs to continue receiving fiat deposits from customers. Unocoin co-founder Sunny Ray told CoinDesk his company hasn’t been able to transact through regular banking channels with its 1.3 million customers for several months, after the Reserve Bank of India (RBI) banned… Read More »

Over 100,000 ATMs Now Let You Buy Bitcoin With a Debit Card in the U.S.

Debit card Bitcoin purchase via regular ATMs are now a reality in the United States. This development foregrounds the recent partnership between Genmega and LibertyX. The collaboration allows people to buy Bitcoin from numerous cash machines using their debit cards. Buy Bitcoin Using Debit Cards Via ATM According to a press release published by Finextra on Monday, October 15, 2018,… Read More »

Bitcoin (BTC), Ethereum (ETH), XRP ATMs Launch In India To Bypass RBI Ban

India’s RBI Cracks Down On Crypto Exchanges  As reported by Ethereum World News previously, despite India’s willingness to accept blockchain technologies, the Reserve Bank of India (RBI) enacted measures to curb banking relationships with local crypto exchanges in April. Once the ban went into effect in July, all crypto platforms in the Asian country lost access to banking… Read More »

Crypto Startup Ruled Not Responsible For $62,500 Bitcoin ATM Scam

Canadian Woman Falls Victim To Bitcoin ATM Sting Although many seasoned cryptocurrency investors understand the scams that plague this nascent industry, there are some no-coiners — unenlightened folk if you will — that still fall victim to life-altering Bitcoin scams and schemes that drain their bank account. Even while awareness regarding Bitcoin-centric swindles has risen drastically, per reports from… Read More »

Lambos, Bling and Mansions — What Purchases Do Crypto Millionaire Make

One of the most hotly debated topics around cryptocurrencies is what people can actually purchase with Bitcoin and its altcoin brethren. With Bitcoin’s 10th birthday just around the corner, it’s worth taking a look at some of the most outrageous and expensive things people have been able to purchase with BTC. We have certainly come a long way… Read More »

Cryptocurrency ATMs Set to Multiply in Greece

Cryptocurrency ATMs are set to become more popular in Greece following plans by a local company to install more of the machines. Cryptocurrency ATMs continue to become more popular, with units being installed in different countries on a regular basis. More Cryptocurrency ATMs Coming to Greece According to the Greek Reporter, a local company wants to increase Greece’s… Read More »

Analysis: Crypto ATM Industry Will Grow Tenfold in Next Five Years

Many experienced cryptocurrency investors and traders classify crypto ATMs as a gimmick, as these machines charge exorbitant fees in comparison to digital fiat-to-crypto exchanges, like Coinbase, Bittrex or Bitstamp. But as decentralized technologies develop and more individuals seek to enter the cryptosphere, analysts predict that the value of the global crypto ATM market will skyrocket in correlation with surging… Read More »

Report: Crypto ATM Market Expected to Grow to $144.5 Million by 2023

The crypto automated trading machine (ATM) market will grow to $114.5 million by 2023, according a report published Sept. 4 on ResearchandMarkets.com. Researchers expect the cryptocurrency ATM market to grow from $16.3 million in 2018 to $144.5 million by 2023, citing a compound annual growth rate (CAGR) of 54.7 percent from 2018 to 2023. According to the study,… Read More »