At some point in their lives, most crypto investors will have to liquidate some of their positions to free up cash. The reasons for...

Santander – a UK-based financial institution – has announced it’s not going to allow any crypto exchange payments beginning in 2023. Thus, anyone who has a...

It’s not just pro-crypto regulations but also a supporting infrastructure that allows sustainable crypto adoption in any jurisdiction. Weighing in factors such as the...

Grand View Research predicts that the crypto ATM market will surge by 2030.The research platform reported a 60% growth prediction for the ATM market.However,...

Several crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies.According...

New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of...

.The monthly number of crypto ATMs that were freshly deployed worldwide has decreased for the sixth time in a row.  2021 was the strongest year...

Bitcoin of America, a crypto ATM registered as a money services business with the U.S. Department of Treasury, has added Dogecoin to its Bitcoin of America ATM locations, according to a press release. Crypto enthusiasts can now buy the meme-based cryptocurrency over 1800 Bitcoin ATM machines (BTMs) across 31 states in the United States. The move resulted in Dogecoin suddenly skyrocketing above 11.1% from the past 24 hours. The news is out! #Dogecoin is now available at Bitcoin of America BTMs 📍 pic.twitter.com/rK7uRRQA7E — Bitcoin of America (@BTCofAmerica) March 23, 2022 Combining Traditional ATM with a Crypto Machine Earlier last year, the crypto ATM even added Ethereum in addition to bitcoin and Litecoin. In May of last year, Bitcoin of America announced its “Universal Kiosk” which combines the capabilities of a traditional ATM with a cryptocurrency ATM. It also offers three main functions which include the traditional ATM feature where customers can dispense cash from a debit card; the ability to buy cryptocurrency with cash; and the ability to sell crypto in return for cash. In addition to providing crypto ATM services, the company also offers programs for store owners looking to earn extra income by taking care of their host locations and providing them with passive income, increased foot traffic, and marketing. They even handle customer support and any maintenance/installation services.

The post Bitcoin of America Adds Dogecoin to their ATM Machines appeared first on Cryptoknowmics-Crypto News and Media Platform.

The Financial Conduct Authority (FCA) – the monetary watchdog of the United Kingdom – has issued a statement condemning all bitcoin and crypto ATMs as illegal. The organization is now ordering all crypto ATMs operating in the country to be shut down immediately. The FCA Isn’t a Fan of Crypto ATMs The FCA has long...

The post FCA Rules All Crypto ATMs in the UK Are Illegal appeared first on Live Bitcoin News.

The United Kingdom’s Financial Conduct Authority (FCA) says all currently operating crypto ATMs in the country are to be shut down immediately. The FCA notes in a new warning on Thursday that no crypto asset firms in the UK have been approved to offer crypto ATM services. Digital asset ATMs need to be registered and […]

The post U.K. Financial Regulator Moves To Shut Down Crypto ATMs appeared first on The Daily Hodl.

The UK Financial regulator orders shut down on all Bitcoin ATMs in the United Kingdom and it told operators to shut their machines down right away so let’s read more in today’s latest Bitcoin news. The UK Financial Regulator, UK FCA, told Bitcoin ATMs operators to shut down their machines or will face enforcement action. […]

The FCA “warned” crypto ATM operators in the UK to “shut their machines down” or “face enforcement action”

The post Bitcoin ATMs Illegal in the UK, Regulator Says appeared first on Blockworks.