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ATM News

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Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months.
3403 - Newsletter
Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court.
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A new legislative investigation found some crypto ATMs charging a premium as high as 33%, while a few ATMs had limits of up to $50,000.
12501 - How to
Experience zero tax on crypto trades — find out how to buy Bitcoin in Dubai.
9170 - News
Localcoin ATM will also be expanding its range of cryptocurrency offerings and launching a wallet app.
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While Hong Kong grabbed the top spot with a crypto readiness score of 8.36, the United States fell down a spot to third place after recording a fall of 6.5% in its CRS score — from 7.7 in 2022 to 7.25.
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The crypto ATM industry gets little attention relative to its size and issues. It appeals to users with motivations ranging from convenience to investment.
12718 - News
Bitcoin Depot records $197.5 million in revenue in the second quarter of 2023, spurred on by partnerships with various U.S. retail stores.
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The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”
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The FCA and other law enforcement agencies investigated 36 crypto ATM locations using powers under money laundering regulations.
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The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock.
21505 - Follow up
Bitcoin of America’s shutdown in Connecticut highlights the obstacles for companies operating crypto ATMs.
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In the first four months of 2023, net crypto ATMs worldwide declined by 5,850.
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The Department of Banking highlighted that Bitcoin of America failed to obtain a license as a money transmitter to operate Bitcoin ATM kiosks in the state.
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