Bitcoin ATMs News & Media

US Financial Services Committee approvals resolution to overturn SEC crypto guideline for banks

March 1, 2024

The U.S. House Financial Services Committee approved a resolution that would overturn the Securities and Exchange Commission's Staff Accounting Bulletin No.

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Genesis Coin files lawsuit against AML Software, Bitcoin of America for alleged copyright infringement

February 12, 2024

Genesis Coin Inc. filed a lawsuit against AML Software Inc. and Bitcoin of America for allegedly copying software code for its user interface for ATMs. The…

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Kenosha, Wisconsin police warn of bitcoin ATM scam

February 9, 2024

Police in Kenosha, Wisconsin have warned the public of a bitcoin ATM scam that is currently impacting the community. Scammers send texts to victims telling…

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3 predictions for the ATM Industry in 2024

by Maya Fuentes — Senior Vice President, M&A Business Development, Paramount Management Group

The ATM industry is constantly evolving to meet the changing needs of consumers. Going into this new year, several key trends are expected to shape the future…

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Florida seeks to regulate crypto ATMs

January 24, 2024

Florida lawmakers want to apply existing ATM restrictions to cryptocurrency ATMs to prevent fraud, according to a wmfe.org report.

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Bitcoin ATMs down by 11% year-over-year

January 2, 2024

Bitcoin ATMs have declined by 11.1% year-over-year. On Jan. 1st, 2024, the total number of bitcoin ATMs stood at 33,638, down from 37,827 on Jan. 1 2023…

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Bitcoin ATM operator Margo gains $16M in funds

January 2, 2024

Chicago Atlantic delivered a $16 million secured term loan to Margo, a cryptocurrency ATM operator. With this investment, Margo will expand its bitcoin ATM…

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Crypto firm Byte Federal expands into Australia

December 22, 2023

Byte Federal Inc., a cryptocurrency services company, has launched Byte Federal Australia to provide bitcoin ATMs, cryptocurrency point-of-sale solution…

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KuCoin intros Visa crypto card

December 4, 2023

KuCoin, a cryptocurrency exchange, has launched KuCard, a cryptocurrency debit card. The card converts cryptocurrency into fiat currency at point of sale for…

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RockItCoin donates to Chicago hunger relief

November 15, 2023

RockItCoin, a bitcoin ATM operator, recently made a bitcoin donation to Nourshing Hope, a hunger relief organization based in Chicago as part of its RockItCoin…

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Hacking group claims to have compromised Coin Cloud data

November 14, 2023

A hacking group claims to have stolen customer data from Coin Cloud, a bitcoin ATM operator, which filed for bankruptcy recently. In particular, the group said…

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California seeks $1K bitcoin ATM limit to combat fraud

October 25, 2023

California legislators recently proposed a bill that would cap withdrawals at crypto ATMs to $1,000 per day and limit fees to $5 or 15%. This bill aims to…

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Bitcoin ATMs fall by 17% globally

October 20, 2023

The number of bitcoin ATMs in circulation has fallen by 7,000 since the end of 2022 to 32,500, a 17% drop, according to a report by Coindesk.

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RockItCoin acquires FirstCoin ATM, Phoenix Crypto

October 20, 2023

RockItCoin, a bitcoin ATM provider, has acquired FirstCoin ATM and Phoenix Crypto, adding 78 ATMs to its network of more than 2,000 locations in the U.S.…

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Maine police warn residents of bitcoin ATM scams

October 2, 2023

Officials in Portland, Maine are warning residents of a rise of scams involving bitcoin ATMs. Scammers will claim that victims have a billing issue, or their…

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How crypto ATMs revolutionize retail

by Scott Buchanan — COO, Bitcoin Depot

Crypto ATMs are driving traffic to convenience stores by offering convenient access to cryptocurrency.

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Olliv expands crypto ATMs into South Africa

September 21, 2023

Olliv, a fintech cryptocurrency company and subsidiary of CoinFlip, has expanded into South Africa with nine cryptocurrency ATMs along with its…

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Bitbuy Technologies partners with Localcoin for crypto ATMs

September 19, 2023

Bitbuy Technologies Inc., a subsidiary of WonderFi Technologies Inc., has partnered with Localcoin, a Canadian bitcoin ATM provider, to improve cryptocurrency…

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Cannabis dispensaries turn to cash in wake of Mastercard ban

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

With Mastercard's recent move to ban cannabis purchases, dispensaries must turn to cash.

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Poof Payments intros cryptocurrency payment solution

August 24, 2023

Poof Payments Inc. has introduced Pay with Anything to allow users to pay invoices with a variety of cryptocurrencies such as Ethereum, Avalanche and others.

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