Bitcoin ATMs – DIGIT INFO

Over 600 Bitcoin ATMs went offline globally in 2 months

DIGIT — Thu, 05 Sep 2024 11:59:21 +0000

Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams.

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US shutdowns lead to global decline in Bitcoin ATMs

DIGIT — Tue, 21 May 2024 07:51:32 +0000

Countries worldwide contributed heavily to the month-on-month increase in Bitcoin ATMs throughout 2024, collectively coming close to reclaiming the 38,000 mark.

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

DIGIT — Sun, 02 Apr 2023 08:34:57 +0000

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 months. Crypto ATM Numbers Decline in 2023 According to data from Coin ATM Radar, […]

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UK Widens Crackdown on Unauthorized Crypto ATMs

DIGIT — Thu, 09 Mar 2023 02:30:42 +0000

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 legally,” the regulator noted. FCA Cracks Down on Illegal Crypto ATMs Britain’s top financial regulator, the Financial Conduct Authority (FCA), announced […]

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

DIGIT — Fri, 06 Jan 2023 12:30:02 +0000

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 […]

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Bitcoin ATMs Increase in Number in Moscow, Russia

DIGIT — Sat, 29 Oct 2022 05:30:22 +0000

The number of bitcoin ATMs has been on the rise in Russia’s capital and the rest of the country, a press report revealed this week. There is demand for the service as it offers easy access to cryptocurrencies, although not at the best exchange rates and still amid regulatory uncertainty. More Crypto ATMs Installed in […]

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World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal

DIGIT — Thu, 25 Aug 2022 19:30:57 +0000

The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed on Nasdaq. Bitcoin Depot Reveals SPAC Deal With GSRM, Post-Transaction BTM […]

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After four years, Japan brings back its first crypto ATM

DIGIT — Thu, 04 Aug 2022 05:00:36 +0000

Local exchange Gaia Co. is set to roll out crypto ATMs in Tokyo and Osaka and has outlined plans for 130 of them over the next three years.

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Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs

DIGIT — Thu, 14 Jul 2022 05:24:48 +0000

It will be up to the specific ATM operator to decide whether they want to incorporate the service making it unlikely all 175,000 of Hyosung’s ATMs will actually support BTC buying.

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Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals

DIGIT — Mon, 18 Apr 2022 05:30:26 +0000

A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business as secret as possible to attract a clientele that would pay top dollar for […]

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