News
Tasmanian police said they found victims were being directed to crypto ATMs by scammers after regular financial institutions flagged the transactions.
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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.
- News
Bitcoin Depot has disclosed that 27,000 of its customers data was breached, but said there was “no evidence of customer information being misused.”
2053 - News
New Zealand banned crypto ATMs and set a $5,000 cap on overseas cash transfers in a major step to combat money laundering and financial crime.
4440 - News
The case marks California DFPI’s first enforcement action under the state’s Digital Financial Assets Law.
3372 - News
One of the victims identified in the police operation said she carried around $13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs.
6406 - News
Pictures show a Texas sheriff’s department taking a power-cutting tool to a crypto ATM after a family reportedly used it to pay a scammer.
4906 - News
Spokane City Council has banned crypto ATMs to curb rising scams, giving operators 60 days to remove machines amid concerns over fraud and vulnerable residents.
7512 - News
Installing Bitcoin ATMs inside post office locations is part of a broader push to modernize Romania’s postal service with digital tech.
3785 - News
Australian Federal Police say scam losses via crypto ATMs surpassed 3.1 million Australian dollars ($2 million) in a 12-month period, which “may be just the tip of the iceberg.”
6842 - Opinion
As Bitcoin aims to go mainstream, the crypto industry’s blind spot in terms of physical infrastructure is holding it back. Neglecting real-world access points risks leaving millions behind.
1923 - News
Arizona Governor Katie Hobbs rejected bills to establish a state Bitcoin reserve and accept crypto payments, but signed a bill regulating crypto ATMs.
12575 - News
Rep. Lance Gooden requested that the General Services Administration explore installing cryptocurrency ATMs, citing Donald Trump's crypto "vision."
3013 - How to
To buy Bitcoin in Australia, you can use CEXs, DEXs, P2P platforms, Bitcoin ATMs or Bitcoin ETFs available on the stock exchange.
5289 - News
The North Dakota House had passed a crypto ATM bill with looser user transaction limits, but the state’s Senate has tightened that to $2,000 a day.
4286 - How to
To buy Bitcoin with a credit card, simply sign up on a crypto exchange, link your credit card, and complete the transaction.
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