News
Retailers including CVS Pharmacy, Rite Aid, and 7-Eleven now allow LibertyX mobile app users to purchase up to $500 in Bitcoin with cash.
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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.
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The number of crypto ATMs worldwide has grown to more than 8,000, just months after passing the 7,000 mark in March.
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Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs ... that are capable of mining cryptocurrency.
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SBI Holdings plans to integrate Ripple-powered settlement across Japanese ATMs.
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A crypto company offers a prepaid card that can be used anywhere Mastercard is accepted, with a daily ATM withdrawal limit of $2,500.
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U.S. crypto ATM network Bitcoin Depot has begun shutting off machines in high-risk areas for coronavirus prevention.
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Nigeria, Africa’s largest economy and largest source of Bitcoin trading volume on the continent, has welcomed its first Bitcoin ATM.
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The German Financial Market Authority BaFin has ordered the crypto service provider and operator of bitcoin ATMs KKT UG to stop its business.
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The number of global crypto ATM’s has grown to over 7,000, after surpassing the 6,000 mark just last fall.
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13,000 South Korean ATMs will soon facilitate fiat withdrawal and international remittance services using Litecoin.
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Bitcoin ATM firm Bitstop partnered with the largest American shopping mall operator Simon Malls to install a Bitcoin ATM at several of its locations.
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The number of Bitcoin ATMs that allow people to buy BTC and often other cryptocurrencies has now surpassed 6,000 worldwide.
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Internal Revenue Service Criminal Investigation Chief John Fort said that the regulator is looking into potential tax issues caused by Bitcoin ATMs and kiosks.
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Miami International Airport now hosts a Bitcoin ATM, which the operator hopes will help Latin American travelers, in particular, exchange money.
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Coinme, a global leader in cryptocurrency ATMs, has announced $1.5 million in funding from Ripple’s Xpring and the Blockchain Finance Fund.
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