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Category: Bitcoin ATMs
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Complex Compliances: Checklist for Crypto ATM Operators
Operating a Bitcoin ATM could indeed be a lucrative business endeavor, but it just got a whole lot more complex.
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US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines
Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. Jeffries urged “the need for more uniform regulatory enforcement and compliance” as governments […]
The post US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines appeared first on Bitcoin News.
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Bitcoin ATMs Face Tighter Regulations Over Money Laundering
The global regulatory landscape is tightening for crypto ATM operators.
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General Bytes ATM Developers Add Two-Way Support for Bitcoin Cash-Based SLP Tokens
The Simple Ledger Protocol (SLP) has been extremely popular among Bitcoin Cash (BCH) advocates and the SLP token universe has grown quite large. SLP tokens have seen a myriad of applications built around them and a slew of unique tokens have gained real-world value after being listed on exchanges. Now the cryptocurrency automatic teller machine […]
The post General Bytes ATM Developers Add Two-Way Support for Bitcoin Cash-Based SLP Tokens appeared first on Bitcoin News.
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Oxford Law Says World Needs Crypto Regulation to Prevent Financial Meltdown
Oxford law researchers say crypto regulation is needed for preventing traditional financial markets from systemic risk
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Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic
Transferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people in many countries and cryptocurrency ATMs provide a way […]
The post Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic appeared first on Bitcoin News.
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German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs
Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The regulator recently clarified what crypto service providers must do to continue their services. Also read: 40 Banks in Germany Declare […]
The post German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs appeared first on Bitcoin News.
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Nearly 7,000 Bitcoin ATMs are in Operation Today
The growth of the Bitcoin ATM industry often goes by without much fanfare. Even so, with nearly 7,000 of these machines in circulation globally, things are looking very good. Making cryptocurrencies more accessible can be done in many different ways. The Future Looks Bright for Bitcoin ATMs A Bitcoin ATM is a good solution for those with cash in their pocket. Various manufacturers and operators compete for traction on a global scale. This ongoing “battle” results in nearly 7,000 Bitcoin ATMs currently active around the world. Last year, there was a lot of growth throughout all of 2019. It appears
The post Nearly 7,000 Bitcoin ATMs are in Operation Today appeared first on The Merkle Hash.
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Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World
ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also read: Bitcoin.com Partners With Mecon Cash, […]
The post Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World appeared first on Bitcoin News.
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