The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose primary avenue for purchasing crypto relies on peer-to-peer markets. Uruguay Enters the […]
The U.S. Federal Trade Commission (FTC) has warned consumers about scams involving cryptocurrency ATMs. “There’s a new spin on scammers asking people to pay with cryptocurrency,” the FTC described. FTC’s Warning About Scams Involving Cryptocurrency ATMs The U.S. Federal Trade Commission (FTC) issued a scam alert involving cryptocurrency ATMs Monday. The consumer notice, posted by […]
On January 5, the cash transfer company, MoneyGram International Inc announced that it had made a strategic investment in the crypto-cash exchange firm, Coinme.
Bitcoin Depot, a Bitcoin operator, based in Atlanta, Georgia, announced its cryptocurrency ATM business expansion to Circle K convenience stores in more than 30...
Cryptocurrencies in the past decade have taken the financial world by storm, and consensus on their endurance remains strong. As use cases emerge, adoption increases, retail and institutional investor
Athena has announced that it plans to install 1,500 new crypto ATMs across the country of El Salvador. It plans to do this ahead of the bitcoin law. The bitcoin law will go into full effect on September 7. Athena plans to invest $1 million into the project. This money will go to hiring new […]
El Salvador made headlines when it announced plans to accept Bitcoin as a legal tender. Since then, the cryptocurrency industry in the nation has seen constant innovation. The latest development involves the installation of 1500 cryptocurrency-powered ATMs in the nation, courtesy of Crypto ATM manufacturer Athena Bitcoin. Making Bitcoin Accessible According to recent reports AthenaRead More
Texas has been making moves recently to make itself an attractive place for cryptocurrency miners, spearheaded by its governor, Greg Abbott. And Texas’ latest initiative is to allow grocery buyers to purchase items using cryptocurrencies on H-E-B supermarkets, one of the oldest supermarket chains in Texas. It has 400 branches in the state as well as […]