UK regulators are cracking down on cryptocurrency ATMs across the country, in a bid to prevent fraud and protect consumers. ATMs allow users to buy and sell digital currencies for cash.
However, the Financial Conduct Authority (FCA) expressed concern about the misuse of these ATMs by criminals to…
Read More...
Browsing Tag
ATMs
General Bytes suffers major hack
Bitcoin ATM manufacturer General Bytes recently suffered a major hack on its servers.
This illegal action allowed the hackers to modify the settings to take the funds to other wallet addresses.
Until now, it is unknown how much the stolen…
Spanish airports will have Bitcoin ATMs
The Spanish startup Bitbase announced that it reached an agreement with the Spanish Airports and Air Navigation agency (AENA) for the installation of cryptocurrency ATMs.
According to the official statement, initially four spaces were…
Panama on the list of countries ready for crypto
A report prepared by Forex Suggest prepared a list of countries that are ready to adopt the massive use of cryptocurrencies.
In the report called "World Cryptographic Preparation", Panama is among the top 10 countries in the world with a…
BitBase opens its first ATM in Latin America
The Spanish bitcoin ATM company (BTC ATM), BitBase, officially enters the Latin American market with the inauguration of its first ATM on July 18 in Asunción, Paraguay in front of the CC Shopping Mariscal, with which users will be able to…
Crypto ATMs will be installed in US Hispanic supermarket
The largest chain of Hispanic supermarkets in the United States, Cardenas Markets, reported that it plans to install crypto ATMs in its stores to offer its users the possibility of buying and selling 50 digital currencies using cash.…
Cryptocurrency ATM Installation Down 90%
Global ATM installations fell steadily so far in 2022, registering the lowest number in May with 205 new equipment, which is equivalent to a drop of around 89.75% in the month, a figure that was not seen since 2019. However, so far in June…
BitBase will install ATMs for cryptocurrencies in Venezuela
The Spanish company for the purchase and sale of virtual currencies BitBase is negotiating with Venezuelan authorities the importation and installation of 10 ATMs for cryptocurrencies that could come into operation by the end of this year.…
UK suspends crypto ATM services
The Financial Conduct Authority (FCA) of the United Kingdom decided to suspend the services of all cryptographic ATMs that operate in the country, because the responsible operators do not have the necessary legal permits to carry out their…
BitBase company plans to bring bitcoin ATMs to Venezuela
Enrique de los Reyes, representative of BitBase in Venezuela, declared that the company is in the process of conversations with the authorities of the Venezuelan Government, as well as with private companies and the banking sector with the…
Number of cryptocurrency ATMs in Colombia increases
Colombia recently became the second country in Latin America with the largest implementation of bitcoin ATMs.
Since 2017, the "coffee-growing" country has been experiencing a considerable increase in the use of cryptocurrencies and the…
Half a million Salvadorans are using the Chivo wallet
The president of El Salvador, Nayib Bukele, used his social network Twitter to report that more than half a million citizens are using the official Chivo wallet, after the entry into force on September 7 of Bitcoin as legal tender in the…