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ATM News

ATM (automated teller machine) is an electronic device that is used by financial services to provide various operations for their customers. The most commonly used ATM transactions are cash deposits and withdrawals, transferring funds and obtaining account information. Some current ATMs are also capable of performing such operations as selling train and lottery tickets, offering an opportunity for charitable donations and retailing concert tickets. The outburst of the popularity of cryptocurrency has also influenced ATMs and led to the development of cryptocurrency ATMs. The most popular of them is, of course, Bitcoin ATMs that allow people to exchange Bitcoin for cash, but one can also find Litecoin and Ethereum ATMs. However, crypto ATMs are not an ATM in the traditional sense, as it is not connected to a bank account, but to the Bitcoin exchange itself.
News
“Many BTM operators feel that merely asking for a cell phone number is enough due diligence to absolve them of their mandated KYC requirements,” a Coinsource ex...
Bitcoin ATM operators set up association to counter money laundering
Helen Partz
2021-08-26T12:37:04+01:00
5447
News
According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7.
El Salvador president announces infrastructure already being built ahead of country's Bitcoin adoption
Turner Wright
2021-08-23T16:30:00+01:00
15632
News
LibertyX currently services 20,000 retail stores in the U.S. with 9,500 crypto ATMs.
NCR Corporation plans to purchase Bitcoin ATM company LibertyX
Turner Wright
2021-08-02T21:27:56+01:00
4710
Analysis
Bitcoin ATMs may make it easier for the mainstream and unbanked to access crypto, but will security risks hamper adoption?
Bitcoin for cash: Do crypto ATMs make buying BTC easier for the mainstream?
Rachel Wolfson
2021-07-31T12:14:00+01:00
6745
News
2021 has seen the installation of over 10,000 new crypto ATMs worldwide, with the United States taking the lead.
Global crypto ATM installations have increased by 70% in 2021
Arijit Sarkar
2021-07-26T11:55:56+01:00
8572
News
Despite suspending service to some crypto ATMs during the early days of the pandemic, Bitcoin Depot has continued to expand.
Circle K convenience stores will host thousands of crypto ATMs
Turner Wright
2021-07-22T22:40:00+01:00
11295
News
Coin Cloud chose Spike Lee to direct a crypto commercial specifically for his experience in exploring social issues, and the firm noted they wanted to “spark im...
First look: Spike Lee's TV ad for crypto touts it as new money for a diverse world
Brian Quarmby
2021-07-15T01:55:40+01:00
5189
News
Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout.
Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador
Martin Young
2021-06-25T04:35:05+01:00
6902

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