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.
News
Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs ... that are capable of mining cryptocurrency.
Russia’s Biggest Bank Is Buying 5,000 Blockchain ATMs That Can Mine Crypto
Michael Kapilkov
2020-05-28T03:13:00+01:00
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News
SBI Holdings plans to integrate Ripple-powered settlement across Japanese ATMs.
Ripple Settlements Are Coming to Japanese ATMs
Samuel Haig
2020-05-17T01:00:00+01:00
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News
Oxford law researchers argue that crypto market regulation is necessary to prevent systemic risk in times of crisis.
Oxford Law Says World Needs Crypto Regulation to Prevent Financial Meltdown
Ting Peng
2020-04-20T22:24:00+01:00
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Sponsored
A crypto company offers a prepaid card that can be used anywhere Mastercard is accepted, with a daily ATM withdrawal limit of $2,500.
Crypto Firm’s New Prepaid Card Accepted Wherever Mastercard Is
Connor Blenkinsop
2020-04-03T19:32:00+01:00
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News
U.S. crypto ATM network Bitcoin Depot has begun shutting off machines in high-risk areas for coronavirus prevention.
U.S. Crypto ATM Network Helps to Promote Social Distancing
Benjamin Pirus
2020-04-01T22:30:00+01:00
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News
Nigeria, Africa’s largest economy and largest source of Bitcoin trading volume on the continent, has welcomed its first Bitcoin ATM.
Nigeria Becomes Eighth African Nation to Welcome Bitcoin ATMs
Samuel Haig
2020-04-01T20:00:00+01:00
22764
News
The German Financial Market Authority BaFin has ordered the crypto service provider and operator of bitcoin ATMs KKT UG to stop its business.
German Financial Regulator Takes Action Against First Bitcoin ATMs
Veronika Rinecker
2020-03-06T17:37:00+00:00
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News
The number of global crypto ATM’s has grown to over 7,000, after surpassing the 6,000 mark just last fall.
There Are Now Over 7,000 Cryptocurrency ATMs Worldwide
Benjamin Pirus
2020-03-03T13:29:00+00:00
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