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US Bitcoin ATM operator reports data breach of 58K customers

[Dec 12 12:20 PM] Byte Federal, operator of 1,300 Bitcoin ATMs in the US, urged its customers to reset login credentials following a massive data breach.

Australia to crack down on crypto ATM providers, citing money laundering risk

[Dec 6 1:57 AM] Australia has the third largest number of crypto ATMs in the world and regulators are worried they could be facilitating financial crime.

FCA Secures First Conviction for Illegal Crypto ATM Operation in UK

[Oct 1 2:30 AM] Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled millions in cryptocurrency transactions. This case…

FCA Files First Charges Against Unregistered Crypto ATM Operator in UK

[Sep 11 12:30 AM] The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is…

German BaFin regulator cracks down on crypto ATMs

[Aug 20 6:12 PM] According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States.

Crypto ATM Installations Decrease By Over 5,000 In 2023 – Here’s Why

[Apr 2, 2023 5:35 AM] The year 2023 has been quite eventful for the crypto industry, with several positives and negatives. In the latest development, Bitcoin and crypto ATM installations have dropped by more than 5,000 units in 2023 based on data from Coin ATM Radar…

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…

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…

Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year

[Nov 24, 2022 5:00 AM] New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows…