1 / 1 Relevant items tagged with #BitcoinATMs

Posts

Over 600 Bitcoin ATMs went offline globally in 2 months 

[Sep 5 11:59 AM]  Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams. 

US shutdowns lead to global decline in Bitcoin ATMs

[May 21 1:51 AM] Countries worldwide contributed heavily to the month-on-month increase in Bitcoin ATMs throughout 2024, collectively coming close to reclaiming the 38,000 mark.

Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021

[Oct 19, 2023 9:15 AM] Since the end of last year, the number installed has dropped 7,000, or 17%.

CEO of World's Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation

[Aug 10, 2023 11:37 AM] Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.

UK Regulator Continues Crackdown on Crypto ATMs, Checks 18 New Sites

[Jul 11, 2023 3:30 PM] The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against…

Iowa Resident Scammed of $6,600 in Bitcoin ATM Scheme, Police Launch Investigation

[Jul 9, 2023 10:30 PM] On July 7, 2023, a Clive, Iowa resident fell victim to a scammer posing as a Polk County sheriff’s deputy, who coerced the individual into depositing $6,600 into a bitcoin automated teller machine (ATM). The Clive Police Department insists…

Crypto ATM Operator Bitcoin Depot Debuts on Nasdaq Following SPAC Merger

[Jul 3, 2023 7:45 AM] The company plans to look for acquisition opportunities in the "highly fragmented" market, CEO Brandon Mintz said.

Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering

[May 1, 2023 3:08 AM] The bitcoin kiosk company, its subsidiary Up Global and the CEO of both entities were accused of conducting "unregistered offers and sales of securities."

Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March

[Apr 2, 2023 1:30 AM] According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three…

UK Widens Crackdown on Unauthorized Crypto ATMs

[Mar 8, 2023 8:30 PM] Britain’s top financial regulator, the Financial Conduct Authority (FCA), has widened its crackdown on unauthorized cryptocurrency ATMs. “There are currently no crypto ATM operators registered with the FCA, which they must be to operate…

US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year

[Jan 6, 2023 6:30 AM] The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any…