Bybit introduces Mastercard-powered debit card days after halting USD transfers
Bybit is set to roll out Mastercard-powered debit cards, allowing users to pay for goods and services with cryptocurrency holdings. Go to Source Powered by WPeMatico
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Bitcoin ATM firm allegedly profited from crypto scams via unlicensed kiosks: Prosecutor
52 crypto kiosks were seized in the investigation led by the U.S. Secret Service’s Cyber Fraud and Money Laundering Task Force. Go to Source Powered by WPeMatico
Bitcoin ATM decline: Over 400 machines went off the grid under 60 days
For more than a year, between December 2020 to January 2022, more than 1000 crypto and Bitcoin ATMs were being installed every month. Go to Source Powered by WPeMatico
Bitcoin Depot converts BTC ATMs to software to reduce operating costs
The software conversion of the crypto ATMs, which vertically integrates Bitcoin Depot’s hardware and software, eliminates annual software licensing fees. Go to Source Powered by WPeMatico
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
According to FCA, all crypto ATM operators in the United Kingdom are currently illegal because none of them is registered with the regulator. Go to Source Powered by WPeMatico
Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis
The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor. Go to Source Powered by WPeMatico
UK native stablecoin integrates into 18,000 ATMs nationwide
Brits can now withdraw physical cash for GBPT, a one-for-one pound sterling stablecoin, as well as other cryptos at ATMs in the United Kingdom. Go to Source Powered by WPeMatico
Australia ranks 3rd in crypto ATM installations after US and Canada
Australia now enjoys 234 crypto ATMs, which puts her in the third spot globally after the United States and Canada. Go to Source Powered by WPeMatico
Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data
Over the last six months, between July to the end of 2022, just 94 Bitcoin ATMs were added to the global network. Go to Source Powered by WPeMatico
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year
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 other country, while Australia tops the chart in terms of new installations. 2022 Ends … Read more
