From CT auf Deutsch: a highly active BaFin and a bankruptcy filing from an Austrian crypto ATM start-up lead the week’s news from the German-speaking world.
ATM News
ATM (automated teller machine) is an electronic device that is used by financial services to provide various operations for their customers. The most commonly used ATM transactions are cash deposits and withdrawals, transferring funds and obtaining account information. Some current ATMs are also capable of performing such operations as selling train and lottery tickets, offering an opportunity for charitable donations and retailing concert tickets. The outburst of the popularity of cryptocurrency has also influenced ATMs and led to the development of cryptocurrency ATMs. The most popular of them is, of course, Bitcoin ATMs that allow people to exchange Bitcoin for cash, but one can also find Litecoin and Ethereum ATMs. However, crypto ATMs are not an ATM in the traditional sense, as it is not connected to a bank account, but to the Bitcoin exchange itself.
- Local News
- News
In a mall located in Washington DC, two alleged thieves have been reportedly filmed by security cameras as they stole a Bitcoin ATM.
- News
by Helen Partz
LibertyX, the firm that launched America’s first Bitcoin ATM, will add 90 new machines by teaming up with DesertATM.
- News
by Helen Partz
Canadian crypto exchange Coinsquare announced an initiative to turn “millions” of ATMs to bitcoin teller machines.
- News
The city of Vancouver, Canada, is considering banning bitcoin automated teller machines due to money laundering issues.
- News
Eight people have been arrested for allegedly operating a money laundering scheme involving cryptocurrencies.
- News
Cryptocurrency automated teller machine provider CoinFlip has postponed listing USDT as the firm wants “full assurance that USDT is stable.”
- News
Saudi ATM provider Alhamrani Universal and blockchain firm ShoCard will jointly develop a new type of ATM combining blockchain and biometrics technologies.
- News
Philippine bank Union Bank is reportedly launching the country’s first two-way cryptocurrency ATM.
- News
by Aaron Wood
The New York State Department of Financial Services has granted a BitLicense to a Bitcoin ATM operator, Cottonwood Vending LLC.
- Sponsored
A new crypto portal is enabling users to buy 20 different altcoins online using fiat — without the need to convert their cash to Bitcoin or Ethereum first.
- News
Bitcoin ATM operator Coinme has already begun offering Bitcoin purchases with coin counting firm Coinstar in the U.S., but the extent of the deployment remains ...
- News
Bitcoin ATM producer Lamassu has moved to the Swiss canton of Lucerne due to regulatory difficulties in other countries.
- News
by Ana Berman
The number of crypto ATMs around the world kept growing in November, despite the recent market crash.
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