Key Takeaways Poșta Română has launched its first Bitcoin ATM in the city of Tulcea, becoming the first public institution in Romania to integrate cryptocurrency services directly into its postal network. This development is part of a broader collaboration with BTR Exchange, the country’s leading crypto platform, which enables users to deposit cash and top […]
Bitcoin ATM
Bitcoin ATM Scams Soar 10x, $110M Lost in Two Years
The U.S. Federal Trade Commission (FTC) unveiled a frightening increase in scams relating to the use of Bitcoin ATMs. The reported losses increased tenfold between 2020 and 2023. In 2023 alone, Americans reported losing over $110 million to these schemes, a significant leap from previous years. The Commission’s statistics show that the most likely victim […]
Coinhub Bitcoin ATMs: Empowering America’s Crypto Enthusiasts, While Others Face Setbacks
Amidst the growing popularity of Bitcoin ATMs, Coinhub Bitcoin ATMs is emerging as a leading player in the field, with ambitious plans to expand its network nationwide across major cities in the United States. According to a press release, the company aims to provide a convenient and secure platform for individuals to buy and sell BTC, […]
Walmart to host Bitcoin ATMs
Walmart, a prominent name in the retail industry, has entered the crypto market and decided to host Bitcoin ATMs. The firm has now partnered with Coinme, a crypto ATM establisher, in order to work on this new venture. Over 200 Coinstar kiosks have been set up, and now, Walmart is offering users to buy Bitcoin […]
Bitcoin ATMs grew by 265% in the first two quarters of 2021
Bitcoin [BTC] price might have taken an unexpected turn, the ATMs, however, are still growing. Over the past several years, cryptocurrency ATMs have seen tremendous growth. These Automated Teller Machines have multiplied quickly across the world. According to the latest charts by Coin ATM Radar, these machines have grown from a mere 6,373 at the […]
Bitcoin ATM ‘Loopholes’ Exploited in Hong Kong, Trio arrested
Automated Teller Machines [ATMs] has acted as the backbone of the retail payments landscape for over fifty years. Acting as a physical access point, ATMs have now made its way to the digital age money space we now know it as the cryptocurrency industry. Over the years, Bitcoin ATMs have sprung up at a highly […]
State-Owned Bank Launches 5,000 Blockchain-based Touchless ATMs to Curb COVID-19 Spread in Russia
Russian state-owned bank, Sberbank is expanding the use of touchless blockchain-based ATMs in the country. The ATM machines use blockchain technology for security measures and the touchless functionality aims to curb the spread of highly communicable coronavirus pandemic in Russia. The COVID-19 pandemic seems to be paving the way to a contact-free future lifestyle. From […]
Irish Crypto Firms Denied Banking Services due to State Delays
According to a report by Irish Times, Irish crypto firms claim they are being denied banking services as a result of a new European directive yet to be implemented by the state. It’s been two years now since Irish firms that offer cryptocurrency services started complaining about having to open foreign bank accounts since they […]
Bitcoin ATMs Surge In January As Bull Market Sheds Positive Light
The concept of cryptocurrency adoption has been appealing to the community for a long time now. This feeling has also been propelled by the developments and updates in the industry. Statistics have now shown that the adoption of Bitcoin has been on the rise due to a number of its peripherals gaining significant traction across […]