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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.

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The Agricultural Bank of China previously debuted digital yuan ATMs this January.

Over 3,000 ATMs in Beijing can now convert digital yuan into cash

2021-06-18T13:19:02+01:00

3867

The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender.

World Bank refuses El Salvador’s request for help on BTC transition

2021-06-17T06:19:46+01:00

17616

Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020.

The number of Bitcoin ATMs in the US rose 177% over the past year

2021-03-10T10:47:35+00:00

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U.S. citizens can now purchase Dogecoin from ATMs in 45 of the country’s 50 states.

DOGE is now supported at 1,800 ATMs in 45 US states

Joshua Mapperson

2021-03-02T02:33:24+00:00

42616

Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong.

Exchanges warn that Hong Kong's crypto retail trader ban could backfire

2021-02-15T10:10:53+00:00

20420

Crypto proponents in Hong Kong say incoming cryptocurrency regulations could preclude citizens from using Bitcoin ATMs.

Hong Kong crypto group warns new law will restrict people’s access to Bitcoin

Osato Avan-Nomayo

2020-12-24T13:00:00+00:00

8280

Crypto debit cards have gained popularity in recent years, and one company is aiming to gain an upper hand over rivals by eliminating downsides and offering com...

Millions of dollars spent on these crypto debit cards... but on what?

Connor Blenkinsop

2020-11-23T13:28:00+00:00

10240

Upstart blockchain firm Bots Inc. claims it can demand between $14 million and $18 million in monthly revenue after acquiring a patent to Bitcoin ATM technology...

New patent holder wants $18M a month from US Bitcoin ATM operators

2020-11-11T01:55:24+00:00

6419